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 June, the average price per sq.feet was $3.01. In the following month the price per sq.feet rose considerably to $3.66. The price for the following two months in (August, September) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $2.08 to $0.86 during October, and November.
When referring to the price in Piedmont (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,103. In July This price remains at $1,109. During the following two months (August, September) the average price fell 86 % with regard to the previous two months. 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 $1,028.75 and $1,008.5 between October and November.
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 $1,017 they are 10 % more affordable than the average price for Piedmont . The properties with the highest average price have 4 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 1 bedroom priced at $947.
According to average price per property type in Piedmont, "" priced at $818 is 20 % lower than the average price ($1,017) in this city.