The rent prices in real estate in Piedmont, in the South Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Piedmont has had a strong fall during the last 6 months. In July, the average price per sq.feet was $3.66. In the following month the price per sq.feet fell considerably to $0.78. The price for the following two months in (September, October) had a considerable fall of 39 with regard to the previous two months. The price per sq.feet has had a considerable fall of 54 % 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 $1.55 to $0.84 during November, and December.
When referring to the price in Piedmont (cities), this has fallen in the last 6 months. The average price for July is $1,109. During August the price had a considerable fall till $877. In the following two months the average price has hardly changed with regard to the previous two months from $993 to $1,013. 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 $1,003 and $992.5 between November and December.
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 $968 they are 11 % more affordable than the average price for Piedmont . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,045.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.8 / sq.feet, with an average $0.83 / sq.feet price in Piedmont. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.84 / sq.feet.
According to average price per property type in Piedmont, "" priced at $817 is 16 % lower than the average price ($968) in this city.