The rent prices in real estate in Arlington, in the Massachusetts region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Arlington has barely changed in the last 6 months. In December, the average price per sq.feet was $2.08. In January this price barely changed remaining at $2.03 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $2.06 to $2.22 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.14 to $2.14 during April y May
When referring to the price in Arlington (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $2,359. In January This price remains at $2,421. During the following two months (February, March) the price has had an average rise from $2,390 to $2,620.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $2,756 they are 26 % more affordable than the average price for Arlington . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,240.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.79 / sq.feet, with an average $2.29 / sq.feet price in Arlington. The properties with the most expensive average prices have 1 bedroom. They are 173 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.19 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,756 it is 30 % more affordable than the average price in Arlington. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $3,319 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.9 / sq.feet followed by "House" priced at $1.97 / sq.feet. "Apartment" is the most expensive type of property with a $2.51 / sq.feet value followed by "Condo" with an average price of $2.15 / sq.feet.