The average rent price in the South 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 South Carolina has risen considerably in the last 6 months. During January, the average price per sq.feet was $1.26. The following month (February) the price had a considerable rise reaching $18.07 per sq.feet. The following two months (March, April) went through a considerable fall of 22 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 23 %. This has been obtained by comparing the price of $5.87 for the first four months of the sample with regard to the previous 4 months and the price of $1.34 per sq.feet for the last two months (May, June).
When referring to the price in South Carolina(region), this has risen in the last 6 months. In the first month sample for January the average price is $1,267. During February it went through a strong rise reaching $1,495 In the following two months the average price practically remained the same compared to the previous two going from $1,381 to $1,354. During the last two months the price has gone up 109 % compared to the previous average values going from $1,367.5 a $1,484.5 in May y June.
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 17 % cheaper than the average price in South Carolina followed by those with 2 with an average price of $1,391. The most expensive properties have 4 bedrooms. They are 47 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,760.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.06 / sq.feet being $1.33 / sq.feet the average for South Carolina. The properties with the highest average price are those with 1 bedroom. These are 27 % more expensive than the average followed by those with 2 bedrooms with a price of $1.32 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,472 it is 15 % cheaper than the average in South Carolina. This is followed by "Farm" with a cost of $1,398. The most expensive property type is "Townhouse" and is 91 % more costly than the average, followed by "Condo" with a cost of $1,818.
Based upon the average cost per sq.feet the most affordable property type is "Farm with a an average price of $1.24 / sq.feet, followed by "Condo" with a price of $1.26 / sq.feet. "Townhouse" with an average price of $1.81 / sq.feet is the most expensive type of property followed by "Land" at a price of $1.44 / sq.feet.