Property prices for rent in Smithfield (Virginia)
The rent prices in real estate in Smithfield, in the Virginia 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 Smithfield has fallen during the last 6 months. In November, the average price per sq.feet was $1.28. In December this price barely changed remaining at $1.31 per sq.feet. The price for the following two months in (January, February) fell 88 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $1.22 to $1.09 during March, and April.
When referring to the price in Smithfield (cities), this has fallen in the last 6 months. The rent price in November is $2,156, rising in December till $2,275. During the following two months (January, February) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,045.5 to $1,890.5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 29 % more affordable than the average price of $1,568 in Smithfield. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
According to average price per property type in Smithfield, "" priced at $1,568 is 29 % lower than the average price ($2,212) in this city.
