The rent prices in real estate in Myrtle Beach, in the South 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 Myrtle Beach has fallen during the last 6 months. In March, the average price per sq.feet was $1.51. In April this price barely changed remaining at $1.49 per sq.feet. The price for the following two months in (May, June) fell 86 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.4 to $1.4 during July y August
When referring to the price in Myrtle Beach (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,640. In April This price remains at $1,649. During the following two months (May, June) the average price had a considerable rise of 120 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $1,925 they are 18 % more affordable than the average price for Myrtle Beach . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,089.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.38 / sq.feet price in Myrtle Beach. The properties with the most expensive average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.45 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,925 it is 24 % more affordable than the average price in Myrtle Beach. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,596 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.3 / sq.feet followed by "Condo" priced at $1.43 / sq.feet. "Condo" is the most expensive type of property with a $1.43 / sq.feet value followed by "House" with an average price of $1.3 / sq.feet.