The rent prices in real estate in Roanoke Rapids, in the North 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 Roanoke Rapids has had a strong fall during the last 6 months. In September, the average price per sq.feet was $5. In October this price barely changed remaining at $5 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $5 to $5 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $5 to $2.5 during January, and February.
When referring to the price in Roanoke Rapids (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $720. In October This price remains at $720. In the following two months the average price has hardly changed with regard to the previous two months from $720 to $692. 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 $706 and $713.5 between January and February.
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 $735 they are 14 % more affordable than the average price for Roanoke Rapids . The properties with the highest average price have 3 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 4 bedrooms priced at $780.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($7 / sq.feet) in Roanoke Rapids. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
According to average price per property type in Roanoke Rapids, "" priced at $780 is 6 % more expensive than the average price ($735) in this city.