The rent prices in real estate in Wake Forest, in the North Carolina 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 Wake Forest has risen during the last 6 months. In March, the average price per sq.feet was $1.35. In April this price barely changed remaining at $1.38 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.37 to $1.46 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 $1.41 to $1.41 during July y August
When referring to the price in Wake Forest (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,832. In April This price remains at $1,847. In the following two months the average price has hardly changed with regard to the previous two months from $1,839.5 to $1,771. 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 $1,805.25 and $1,815.5 between July and August.
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 $1,828 they are 24 % more affordable than the average price for Wake Forest . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,059.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.04 / sq.feet, with an average $1.43 / sq.feet price in Wake Forest. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.47 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,828 it is 2 % more affordable than the average price in Wake Forest. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,130 it is 18 % 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 $1.19 / sq.feet followed by "Apartment" priced at $1.47 / sq.feet. "Condo" is the most expensive type of property with a $1.48 / sq.feet value followed by "Apartment" with an average price of $1.47 / sq.feet.