The rent prices in real estate in Richmond Hill, in the Georgia 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 Richmond Hill has fallen during the last 6 months. In September, the average price per sq.feet was $1.19. In the following month the price per sq.feet fell considerably to $1.01. In the following two months the price per sq.feet has practically remained the same, going from $1.1 to $1.07 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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 $1.09 to $1.25 during January, and February.
When referring to the price in Richmond Hill (cities), this has fallen in the last 6 months. The average price for September is $2,066. During October the price had a slight fall till $1,759. During the following two months (November, December) the average price fell 91 % 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 115 % during the last two months.
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 $2,136 they are 54 % more affordable than the average price for Richmond Hill . The properties with the lowest average price have 4 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,437.
According to average price per property type in Richmond Hill, "" priced at $1,516 is 29 % lower than the average price ($2,136) in this city.