The rent prices in real estate in West Columbia, in the South 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 West Columbia has had a strong fall during the last 6 months. In July, the average price per sq.feet was $5.77. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (September, October) had a considerable fall of 26 with regard to the previous two months. The price per sq.feet has had a considerable fall of 45 % 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 $2.09 to $0.94 during November, and December.
When referring to the price in West Columbia (cities), this has fallen in the last 6 months. The average price for July is $1,117. During August the price had a slight fall till $1,043. In the following two months the average price has hardly changed with regard to the previous two months from $1,080 to $1,054. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,067 to $1,006.5 in November and December.
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 $1,028 they are 17 % more affordable than the average price for West Columbia . The properties with the highest average price have 4 bedrooms, Their price is 73 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,202.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.92 / sq.feet, with an average $0.94 / sq.feet price in West Columbia. The properties with the most expensive average prices have 4 bedrooms. They are 693 % more expensive than the average followed by properties with 1 bedroom with a price at $1.25 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,028 it is 29 % more affordable than the average price in West Columbia. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $890 it is 45 % 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 $0.9 / sq.feet followed by "Apartment" priced at $0.96 / sq.feet. "Apartment" is the most expensive type of property with a $0.96 / sq.feet value followed by "House" with an average price of $0.9 / sq.feet.