The rent prices in real estate in Shepherdstown, in the West Virginia 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 Shepherdstown has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.48. In the following month the price per sq.feet fell to $1.37. In the following two months the price per sq.feet has risen 107 %, going from $1.42 to $1.52 per sq.feet. The price per sq.feet has had a considerable rise of 140 % 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 $1.47 to $2.07 during January, and February.
When referring to the price in Shepherdstown (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,472. During October the price went through a considerable rise reaching $1,832. During the following two months (November, December) the price has had an average rise from $1,652 to $1,885. Based on an analysis of the first four prices and the last two months the average price has increased 115 % 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 $1,972 they are 45 % more affordable than the average price for Shepherdstown . The properties with the highest average price have 4 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,591.
According to average price per property type in Shepherdstown, "" priced at $1,612 is 18 % lower than the average price ($1,972) in this city.