The rent prices in real estate in Winston Salem, 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 Winston Salem has risen during the last 6 months. In February, the average price per sq.feet was $1.05. In the following month the price per sq.feet rose considerably to $1.22. In the following two months the price per sq.feet has risen 106 %, going from $1.13 to $1.2 per sq.feet. The price per sq.feet has fallen 90 % 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 $1.17 to $1.04 during June, and July.
When referring to the price in Winston Salem (cities), this has risen in the last 6 months. The rent price in February is $1,084, rising in March till $1,215. In the following two months the average price has hardly changed with regard to the previous two months from $1,149.5 to $1,173.5. 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 $1,161.5 and $1,113 between June and July.
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 $1,087 they are 13 % more affordable than the average price for Winston Salem . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,285.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.77 / sq.feet, with an average $1.03 / sq.feet price in Winston Salem. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.18 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,087 it is 20 % more affordable than the average price in Winston Salem. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,087 it is 13 % 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 $0.88 / sq.feet followed by "Apartment" priced at $1.31 / sq.feet. "Apartment" is the most expensive type of property with a $1.31 / sq.feet value followed by "House" with an average price of $0.88 / sq.feet.