Property prices for rent in Newport News (Virginia)

The rent prices in real estate in Newport News, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,162
Average price last 6 months
$1.22
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newport News has risen during the last 6 months. In March, the average price per sq.feet was $1.15. In April this price barely changed remaining at $1.14 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.14 to $1.17 per sq.feet. The price per sq.feet has risen 115 % 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 $1.16 to $1.33 during July, and August.

Average price

When referring to the price in Newport News (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,105. In April This price remains at $1,093. During the following two months (May, June) the price has had an average rise from $1,099 to $1,199. 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 $1,149 and $1,188 between July and August.

Average price per bedrooms

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 $1,136 they are 15 % more affordable than the average price for Newport News . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,402.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.79 / sq.feet, with an average $1.32 / sq.feet price in Newport News. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.08 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,136 it is 27 % more affordable than the average price in Newport News. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,180 it is 13 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $0.85 / sq.feet followed by "Condo" priced at $0.88 / sq.feet. "House" is the most affordable type of property with a $1.3 / sq.feet value followed by "Condo" with an average price of $0.88 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Newport News
Number of properties used in region Virginia
$1,136
$1.32
2,080
139,262
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value