The rent prices in real estate in Tarboro, in the North Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Tarboro has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.93. In November this price barely changed remaining at $0.96 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.94 to $0.94 per sq.feet. The price per sq.feet has had a considerable fall of 51 % 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 $0.94 to $0.48 during February, and March.
When referring to the price in Tarboro (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $874. During November the price went through a considerable rise reaching $1,052. During the following two months (December, January) the average price had a considerable rise of 124 % with regard to the previous two months. 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 $959 they are 29 % more affordable than the average price for Tarboro . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,146.
According to average price per property type in Tarboro, "" priced at $1,089 is 14 % more expensive than the average price ($959) in this city.