Property prices for rent in North Carolina region
The average rent price in the North Carolina region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in North Carolina has risen considerably in the last 6 months. During March, the average price per sq.feet was $1.45. The following month (April) the price rose to $1.65 per sq.feet. The following two months (May, June) went through a rise of 110 % in the rent price per sq.feet rising from $1.55 to $1.7 per sq.feet. In the last two months, the price per sq.feet has risen 107 %. This has been obtained by comparing the price $1.62 for the first four months of the sample with regard to the previous 4 months and the price $1.74 per sq.feet for the last two months (July, August).
When referring to the price in North Carolina(region), this has risen in the last 6 months. The average rent price in March is $1,598. In April the price rose to $1,707. The average price for the following two months (May, June) rose from $1,652.5 to $1,753. During the last two months the average price has not gone through any changes and has gone from $1,702.75 to $1,684 during July and August.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 11 % cheaper than the average price in North Carolina followed by those with 2 with an average price of $1,714. The most expensive properties have 4 bedrooms. They are 42 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,016.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.14 / sq.feet being $1.75 / sq.feet the average for North Carolina. The properties with the highest average price are those with 1 bedroom. These are 14 % more expensive than the average followed by those with 2 bedrooms with a price of $1.54 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,650 it is 11 % cheaper than the average in North Carolina. This is followed by "Apartment" with a cost of $1,495. The most expensive property type is "" and is 19 % more costly than the average, followed by "Condo" with a cost of $1,647.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $0.87 / sq.feet, followed by "Townhouse" with a price of $1.16 / sq.feet. "Land" with an average price of $13.65 / sq.feet is the most expensive type of property followed by "House" at a price of $1.79 / sq.feet.
