The rent prices in real estate in Morehead City, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Morehead City has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.05. In the following month the price per sq.feet rose considerably to $2.84. In the following two months the price per sq.feet has risen 113 %, going from $2.44 to $2.78 per sq.feet. The price per sq.feet has had a considerable rise of 313 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.61 to $8.18 during February, and March.
When referring to the price in Morehead City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,259. During November the price went through a considerable rise reaching $4,325. During the following two months (December, January) the average price had a considerable rise of 138 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 156 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $5,142 they are 70 % more affordable than the average price for Morehead City . The properties with the highest average price have 4 bedrooms, Their price is 174 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,339.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3 / sq.feet, with an average $5.7 / sq.feet price in Morehead City. The properties with the most expensive average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at $3 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,142 it is 83 % more affordable than the average price in Morehead City. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $3,655 it is 67 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $2 / sq.feet. "House" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.