The rent prices in real estate in Radford, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Radford has risen during the last 6 months. In October, the average price per sq.feet was $0.9. In November this price barely changed remaining at $0.88 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 119 %. The price per sq.feet has risen 105 % 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 $0.97 to $1.02 during February, and March.
When referring to the price in Radford (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $882. In November This price remains at $889. During the following two months (December, January) the average price had a considerable rise of 134 % 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 had a strong increase of 149 % during the last two months.
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 $1,675 they are 53 % more affordable than the average price for Radford . The properties with the highest average price have 3 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,212.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1 / sq.feet price in Radford. The properties with the most expensive average prices have 3 bedrooms. They are 19 % more expensive than the average followed by properties with 1 bedroom with a price at $1.11 / sq.feet.
According to average price per property type in Radford, "" priced at $995 is 41 % lower than the average price ($1,675) in this city.