The rent prices in real estate in Piedmont, in the South Carolina 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 Piedmont has fallen during the last 6 months. In March, the average price per sq.feet was $1.43. In the following month the price per sq.feet rose considerably to $2.4. The price for the following two months in (May, June) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $1.47 to $1.1 during July, and August.
When referring to the price in Piedmont (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,599. In April This price remains at $1,678. In the following two months the average price has hardly changed with regard to the previous two months from $1,638.5 to $1,656.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,647.5 to $1,396.5, which means a 85 % fall.
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 $1,261 they are 27 % more affordable than the average price for Piedmont . The properties with the highest average price have 2 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,300.
According to average price per property type in Piedmont, "" priced at $1,114 is 12 % lower than the average price ($1,261) in this city.