Property prices for rent in Marlborough (Massachusetts)
The rent prices in real estate in Marlborough, in the Massachusetts region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Marlborough has fallen during the last 6 months. In November, the average price per sq.feet was $3. In the following month the price per sq.feet fell to $2.83. In the following two months the price per sq.feet has practically remained the same, going from $2.91 to $2.92 per sq.feet. The price per sq.feet has fallen 94 % 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 $2.92 to $2.73 during March, and April.
When referring to the price in Marlborough (cities), this has fallen in the last 6 months. The average price for November is $3,025. During December the price had a slight fall till $2,748. In the following two months the average price has hardly changed with regard to the previous two months from $2,886.5 to $2,748.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,817.5 to $2,596.5 in March and April.
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 $2,586 they are 7 % more affordable than the average price for Marlborough . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,807.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.07 / sq.feet, with an average $2.81 / sq.feet price in Marlborough. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.5 / sq.feet.
According to average price per property type in Marlborough, "" priced at $2,739 is 6 % more expensive than the average price ($2,586) in this city.
