The rent prices in real estate in Port Royal, 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 Port Royal has fallen during the last 6 months. In November, the average price per sq.feet was $2.12. In the following month the price per sq.feet fell to $1.98. In the following two months the price per sq.feet has practically remained the same, going from $2.05 to $2.14 per sq.feet. The price per sq.feet has fallen 88 % 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 $2.1 to $1.85 during March, and April.
When referring to the price in Port Royal (cities), this has risen considerably in the last 6 months. The average price for November is $2,744. During December the price had a slight fall till $2,437. During the following two months (January, February) the average price had a considerable rise of 129 % 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 113 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,800 they are 72 % more affordable than the average price for Port Royal . The properties with the lowest average price have 3 bedrooms, Their price is 34 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,346.
According to average price per property type in Port Royal, "" priced at $965 is 75 % lower than the average price ($3,800) in this city.