Property prices for rent in Morehead City (North Carolina)
The rent prices in real estate in Morehead City, in the North Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Morehead City has had a strong fall during the last 6 months. In March, the average price per sq.feet was $5.7. In the following month the price per sq.feet rose considerably to $9.76. The price for the following two months in (May, June) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 72 % 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 $4.54 to $3.29 during July, and August.
When referring to the price in Morehead City (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during March, is $5,142. During April the price went through a considerable rise reaching $8,979. During the following two months (May, June) the average price had a considerable fall of 27 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $4,488 to $3,767.5, which means a 84 % fall.
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 $5,248 they are 71 % more affordable than the average price for Morehead City . The properties with the highest average price have 4 bedrooms, Their price is 168 % 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 $5.06 / sq.feet price in Morehead City. The properties with the most expensive average prices have 4 bedrooms. They are 38 % 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 $5,248 it is 83 % more affordable than the average price in Morehead City. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $882 it is 63 % 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.
