The rent prices in real estate in Allston, in the Massachusetts region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Allston has risen during the last 6 months. In December, the average price per sq.feet was $3.31. In January this price barely changed remaining at $3.41 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $3.36 to $3.23 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $3.3 to $3.85 during April, and May.
When referring to the price in Allston (cities), there have hardly been any changes in the last 6 months. The rent price in December is $3,484, rising in January till $3,831. In the following two months the average price has hardly changed with regard to the previous two months from $3,657.5 to $3,475. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,566.25 and $3,549.5 between April and May.
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 $3,553 they are 24 % more affordable than the average price for Allston . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,630.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.82 / sq.feet, with an average $3.66 / sq.feet price in Allston. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.36 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,553 it is 2 % more affordable than the average price in Allston. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Triplex". At a price of $3,783 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.79 / sq.feet followed by "Condo" priced at $3.68 / sq.feet. "Triplex" is the most expensive type of property with a $4.89 / sq.feet value followed by "Apartment" with an average price of $4.2 / sq.feet.