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 November, the average price per sq.feet was $1.85. In December the price barely changed remaining at $1.87 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.86 to $1.88 per sq.feet. In the last two months, the price per sq.feet has risen 110 %. This has been obtained by comparing the price $1.87 for the first four months of the sample with regard to the previous 4 months and the price $2.06 per sq.feet for the last two months (March, April).
When referring to the price in Virginia (region), this has fallen in the last 6 months. November has an average price of $2,338. During Decemberthe price had a slight fall till $2,043. In the following two months the average price practically remained the same compared to the previous two going from $2,190.5 to $2,084. During the last two months the average price has not gone through any changes and has gone from $2,137.25 to $2,236.5 during March and April.
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 15 % cheaper than the average price in Virginia followed by those with 2 with an average price of $2,455. The most expensive properties have 4 bedrooms. They are 34 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,557.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.49 / sq.feet being $2.13 / sq.feet the average for Virginia. The properties with the highest average price are those with 1 bedroom. These are 24 % more expensive than the average followed by those with 2 bedrooms with a price of $2.32 / 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 $2,408 it is 47 % cheaper than the average in Virginia. This is followed by "Land" with a cost of $2,012. The most expensive property type is "Townhouse" and is 6 % more costly than the average, followed by "House" with a cost of $2,276.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $1 / sq.feet, followed by "Condo" with a price of $1.21 / sq.feet. "House" with an average price of $2.46 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $2.44 / sq.feet.