Property prices for rent in Petersburg (Virginia)
The rent prices in real estate in Petersburg, in the Virginia region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Petersburg has fallen during the last 6 months. In March, the average price per sq.feet was $1.73. In the following month the price per sq.feet fell to $1.53. The price for the following two months in (May, June) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.57 to $1.46 during July, and August.
When referring to the price in Petersburg (cities), this has risen in the last 6 months. The rent price in March is $1,166, rising in April till $1,268. During the following two months (May, June) the price has had an average rise from $1,217 to $1,334. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,275.5 to $1,207 in July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,239 they are 13 % more affordable than the average price for Petersburg . The properties with the highest average price have 4 bedrooms, Their price is 77 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,565.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $1.45 / sq.feet price in Petersburg. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.28 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,239 it is 55 % more affordable than the average price in Petersburg. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,395 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.93 / sq.feet followed by "House" priced at $1.31 / sq.feet. "Apartment" is the most expensive type of property with a $1.6 / sq.feet value followed by "House" with an average price of $1.31 / sq.feet.
