The rent prices in real estate in Nitro, 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 Nitro has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $12.28. In the following two months the price per sq.feet has practically remained the same, going from $6.64 to $6.78 per sq.feet. The price per sq.feet has had a considerable fall of 7 % 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 $6.71 to $0.5 during January, and February.
When referring to the price in Nitro (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $733. During October the price went through a considerable rise reaching $10,954. In the following two months the average price has hardly changed with regard to the previous two months from $5,843.5 to $6,073.5. During the last two months the average price has fallen greatly compared to the previous four going from $5,958.5 to $682, which means a 11 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $632 they are 1 % more expensive than the average price for Nitro. Following this ranking we find those properties with 1 at an average price of $640. The properties with the highest average price have 1 bedroom, Their price is 1 % more expensive than the average. After that we have properties with 4 bedrooms priced at $637.
According to average price per property type in Nitro, "" priced at $637 is 1 % more expensive than the average price ($632) in this city.