Property prices for rent in Oak Island (North Carolina)

The rent prices in real estate in Oak Island, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,516.17
Average price last 6 months
$3.64
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Oak Island has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (May, June) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 1628 % 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 $0.6 to $9.73 during July, and August.

Average price

When referring to the price in Oak Island (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,229. In April This price remains at $1,229. During the following two months (May, June) the average price had a considerable rise of 137 % 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 increased 112 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 2 % more affordable than the average price of $1,235 in Oak Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 83 % more affordable than the average price of ($3 / sq.feet) in Oak Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 83 % more affordable than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,265 it is 20 % more affordable than the average price in Oak Island. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,006 it is 2 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3 / sq.feet followed by "Land" priced at $9 / sq.feet. "Land" is the most affordable type of property with a $9 / sq.feet value followed by "House" with an average price of $3 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Oak Island
Number of properties used in region North Carolina
$1,265
$18
28
75,944
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value