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.

$946.17
Average price last 6 months
$10
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 March, the average price per sq.feet was $27. In April this price barely changed remaining at $27 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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 $13.5 to $3 during July, and August.

Average price

When referring to the price in Murphy (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $1,036. In April This price remains at $1,036. In the following two months the average price has hardly changed with regard to the previous two months from $1,036 to $997. During the last two months the average price has fallen greatly compared to the previous four going from $1,016.5 to $805.5, which means a 79 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 68 % more expensive than the average price of $982 in Murphy. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 68 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($25 / 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 2147483647 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $586 it is 68 % more expensive than the average price in Murphy. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Land". At a price of $982 it is 73 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $25 / sq.feet. "Land" at an average price of $25 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Murphy
Number of properties used in region North Carolina
$586
No data
68
75,944
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value