The average rent price in the Virginia region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Virginia has risen in the last 6 months. During December, the average price per sq.feet was $1.87. The following month (January) the price rose to $2.11 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.99 to $2.03 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $2.01 to $2.07 during April and May.
When referring to the price in Virginia(region), there have hardly been any changes in the last 6 months. In the first month sample December the average price is $1,781. In January the price remains at $1,746. In the following two months the average price practically remained the same compared to the previous two going from $1,763.5 to $1,762. During the last two months the average price has not gone through any changes and has gone from $1,762.75 to $1,806 during April and May.
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 6 % cheaper than the average price in Virginia followed by those with 2 with an average price of $2,073. The most expensive properties have 4 bedrooms. They are 45 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,083.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.26 / sq.feet being $2.04 / sq.feet the average for Virginia. The properties with the highest average price are those with 1 bedroom. These are 8 % more expensive than the average followed by those with 2 bedrooms with a price of $1.99 / sq.feet.
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $1,770 it is 29 % cheaper than the average in Virginia. This is followed by "Land" with a cost of $1,634. The most expensive property type is "Townhouse" and is 16 % more costly than the average, followed by "Condo" with a cost of $1,797.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.3 / sq.feet, followed by "House" with a price of $2.07 / sq.feet. "Condo" with an average price of $32.74 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $2.2 / sq.feet.