Property prices for rent in Murphy (North Carolina)

The rent prices in real estate in Murphy, 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.

$1,460
Average price last 6 months
$0.64
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Murphy has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.76. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $0.7 to $0.5 during February, and March.

Average price

When referring to the price in Murphy (cities), this has fallen in the last 6 months. The average price for October is $1,525. During November the price had a considerable fall till $1,000. During the following two months (December, January) the average price had a considerable rise of 129 % with regard to the previous two months. 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 $1,445.25 and $1,489.5 between February and March.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 60 % more affordable than the average price of $964 in Murphy. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 60 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 607 % more expensive than the average price of ($7 / sq.feet) in Murphy. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 607 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,400 it is 60 % more affordable than the average price in Murphy. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $964 it is 59 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $7 / sq.feet. "House" at an average price of $7 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Murphy
Number of properties used in region North Carolina
$2,400
$0.99
68
371,734
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value