The rent prices in real estate in Mount Hope, in the West Virginia 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 Mount Hope has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.8. The price for the following two months in (December, January) had a considerable rise of 177 %. The price per sq.feet has had a considerable fall of 0 % 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 $0.56 to during February, and March.
When referring to the price in Mount Hope (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $759. During November the price went through a considerable rise reaching $1,308. During the following two months (December, January) the average price had a considerable fall of 74 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $896.75 to $785 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $785 they are 43 % more affordable than the average price for Mount Hope . The properties with the lowest average price have 2 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 3 bedrooms priced at $630.
According to average price per property type in Mount Hope, "" priced at $616 is 22 % lower than the average price ($785) in this city.