Property prices for rent in New Martinsville (West Virginia)
The rent prices in real estate in New Martinsville, 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 New Martinsville has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.13. In December this price barely changed remaining at $1.13 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 192 %. The price per sq.feet has had a considerable rise of 131 % 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 $1.65 to $2.16 during March, and April.
When referring to the price in New Martinsville (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,025. In December This price remains at $1,025. During the following two months (January, February) the average price had a considerable rise of 223 % 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 had a strong increase of 135 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,178 they are 67 % more affordable than the average price for New Martinsville . The properties with the lowest average price have 1 bedroom, Their price is 46 % more affordable than the average. After that we have properties with 2 bedrooms priced at $393.
According to average price per property type in New Martinsville, "" priced at $393 is 67 % lower than the average price ($1,178) in this city.
