The rent prices in real estate in Rockingham, in the North Carolina region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Rockingham has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose to $1.2. The price for the following two months in (January, February) had a considerable rise of 120 %. The price per sq.feet has had a considerable rise of 118 % 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 $1.26 to $1.5 during March, and April.
When referring to the price in Rockingham (cities), this has risen in the last 6 months. The rent price in November is $1,669, rising in December till $1,841. During the following two months (January, February) the price has had an average rise from $1,755 to $1,955.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,855.25 to $1,623.5 in March and April.
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 $1,504 they are 4 % more affordable than the average price for Rockingham . The properties with the highest average price have 4 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,863.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.5 / sq.feet price in Rockingham. The properties with the most expensive average prices have 2 bedrooms. They are 1767 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
According to average price per property type in Rockingham, "" priced at $2,012 is 34 % more expensive than the average price ($1,504) in this city.