The rent prices in real estate in Vinton, in the Virginia 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 Vinton has had a strong fall during the last 6 months. In March, the average price per sq.feet was $15. In the following month the price per sq.feet fell considerably to $1.23. The price for the following two months in (May, June) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 4 % 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 $7.81 to $0.34 during July, and August.
When referring to the price in Vinton (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during March, is $765. During April the price went through a considerable rise reaching $1,042. During the following two months (May, June) the average price had a considerable fall of 77 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $800.5 to $625.5, which means a 78 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 38 % more affordable than the average price of $473 in Vinton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
According to average price per property type in Vinton, "" priced at $473 is 38 % lower than the average price ($768) in this city.