Property prices for rent in Morganton (North Carolina)
The rent prices in real estate in Morganton, in the North Carolina region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Morganton has fallen during the last 6 months. In October, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose to $1.67. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $1.56 to $1.34 during February, and March.
When referring to the price in Morganton (cities), this has fallen in the last 6 months. The average price for October is $1,462. During November the price had a slight fall till $1,266. In the following two months the average price has hardly changed with regard to the previous two months from $1,364 to $1,328.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,346.25 and $1,298 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,331 they are 35 % more affordable than the average price for Morganton . The properties with the highest average price have 3 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,212.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.03 / sq.feet, with an average $1.32 / sq.feet price in Morganton. The properties with the most expensive average prices have 2 bedrooms. They are 9670 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.37 / sq.feet.
According to average price per property type in Morganton, "" priced at $861 is 35 % lower than the average price ($1,331) in this city.
