The rent prices in real estate in South Hill, in the 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 South Hill has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $0.91. The price for the following two months in (June, July) had a considerable rise of 198 %. The price per sq.feet has had a considerable rise of 144 % 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 $0.68 to $0.98 during August, and September.
When referring to the price in South Hill (cities), this has fallen in the last 6 months. The average price for April is $978. During May the price had a slight fall till $902. In the following two months the average price has hardly changed with regard to the previous two months from $940 to $900.5. 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 $920.25 and $918.5 between August and September.
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 $933 they are 17 % more affordable than the average price for South Hill . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $969.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $0.96 / sq.feet, with an average $0.93 / sq.feet price in South Hill. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.96 / sq.feet.
According to average price per property type in South Hill, "" priced at $1,170 is 25 % more expensive than the average price ($933) in this city.