The rent prices in real estate in North Kingstown, in the Rhode Island 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 Kingstown has risen strongly during the last 6 months. In July, the average price per sq.feet was $2.15. In the following month the price per sq.feet rose considerably to $14.59. The price for the following two months in (September, October) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $4.93 to $2.07 during November, and December.
When referring to the price in North Kingstown (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $1,050. During August the price went through a considerable rise reaching $1,425. During the following two months (September, October) the price has had an average rise from $1,237.5 to $1,310.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 174 % 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 $2,877 they are 52 % more affordable than the average price for North Kingstown . The properties with the lowest average price have 3 bedrooms, Their price is 46 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,453.
With regard to the average prices per sq.feet those properties with 1 bedroom are 60 % more affordable than the average price of ($1 / sq.feet) in North Kingstown. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 60 % more affordable than the average value aforementioned.
According to average price per property type in North Kingstown, "" priced at $1,542 is 46 % lower than the average price ($2,877) in this city.