The rent prices in real estate in North Charleston, in the South Carolina 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 North Charleston has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.12. In November this price barely changed remaining at $1.13 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.12 to $1.22 per sq.feet. The price per sq.feet has had a considerable rise of 996 % 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 $1.17 to $11.68 during February, and March.
When referring to the price in North Charleston (cities), this has risen in the last 6 months. The rent price in October is $1,118, rising in November till $1,212. In the following two months the average price has hardly changed with regard to the previous two months from $1,165 to $1,194.5. 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 $1,179.75 and $1,205.5 between February and March.
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 $1,189 they are 13 % more affordable than the average price for North Charleston . The properties with the highest average price have 4 bedrooms, Their price is 52 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,460.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.09 / sq.feet, with an average $6.17 / sq.feet price in North Charleston. The properties with the most affordable average prices have 1 bedroom. They are 74 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.15 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,189 it is 6 % more affordable than the average price in North Charleston. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $1,745 it is 142 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.19 / sq.feet followed by "Condo" priced at $94.11 / sq.feet. "Townhouse" is the most expensive type of property with a $167.88 / sq.feet value followed by "Condo" with an average price of $94.11 / sq.feet.