The rent prices in real estate in South Hill, in the Virginia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in South Hill has risen during the last 6 months. In July, the average price per sq.feet was $1.01. In the following month the price per sq.feet rose considerably to $1.23. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.08 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.1 to $1.08 during November y December
When referring to the price in South Hill (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $1,152. During August the price went through a considerable rise reaching $1,374. In the following two months the average price has hardly changed with regard to the previous two months from $1,263 to $1,296. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $1,399 they are 45 % more affordable than the average price for South Hill . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,523.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.92 / sq.feet, with an average $1.1 / sq.feet price in South Hill. The properties with the most expensive average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $1.05 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,399 it is 32 % more affordable than the average price in South Hill. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,082 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.16 / sq.feet. "Apartment" is the most expensive type of property with a $1.16 / sq.feet value followed by "House" with an average price of $1 / sq.feet.