The rent prices in real estate in Sumter, in the South Carolina 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 Sumter has fallen during the last 6 months. In November, the average price per sq.feet was $1.07. In December this price barely changed remaining at $1.09 per sq.feet. The price for the following two months in (January, February) fell 89 % 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 $1.02 to $0.91 during March, and April.
When referring to the price in Sumter (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,401. In December This price remains at $1,466. In the following two months the average price has hardly changed with regard to the previous two months from $1,433.5 to $1,448.5. 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 $1,441 and $1,496.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,518 they are 41 % more affordable than the average price for Sumter . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,470.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.87 / sq.feet, with an average $0.91 / sq.feet price in Sumter. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.94 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,518 it is 34 % more affordable than the average price in Sumter. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,607 it is 13 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $0.91 / sq.feet. "House" with an average price of $0.91 / sq.feet has the most affordable price and would be directed at less affluent cities.