Property prices for rent in Arnold (Maryland)
The rent prices in real estate in Arnold, in the Maryland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Arnold has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.56. In the following month the price per sq.feet rose to $1.67. The price for the following two months in (December, January) had a considerable rise of 119 %. The price per sq.feet has had a considerable rise of 119 % 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 $1.77 to $2.1 during February, and March.
When referring to the price in Arnold (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,616, rising in November till $2,939. In the following two months the average price has hardly changed with regard to the previous two months from $2,777.5 to $2,656.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,717 to $2,281, which means a 84 % fall.
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 $2,256 they are 6 % more affordable than the average price for Arnold . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,781.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $2.12 / sq.feet price in Arnold. The properties with the most expensive average prices have 4 bedrooms. They are 15042 % more expensive than the average followed by properties with 1 bedroom with a price at $2.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,256 it is 7 % more affordable than the average price in Arnold. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "Detached House". At a price of $2,663 it is 30 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
