Property prices for rent in Murphy (North Carolina)

The rent prices in real estate in Murphy, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,048.33
Average price last 6 months
$10.81
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Murphy has risen strongly during the last 6 months. In July, the average price per sq.feet was $8. In the following month the price per sq.feet fell considerably to $0.87. The price for the following two months in (September, October) had a considerable rise of 631 %. 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 $16.22 to during November, and December.

Average price

When referring to the price in Murphy (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during July, is $1,029. During August the price went through a considerable rise reaching $1,188. During the following two months (September, October) the average price fell 94 % 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 93 %, going from $1,073.25 to $998.5 in November and December.

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 0 % more affordable than the average price of $1,018 in Murphy. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,018 it is 16 % more affordable than the average price in Murphy. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $856 it is 0 % more affordable 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 $5 / sq.feet. "Land" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Murphy
Number of properties used in region North Carolina
$1,018
No data
86
136,546
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value