The rent prices in real estate in Bedford, 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 Bedford has fallen during the last 6 months. In October, the average price per sq.feet was $3.11. In the following month the price per sq.feet fell considerably to $2.55. In the following two months the price per sq.feet has practically remained the same, going from $2.83 to $2.89 per sq.feet. The price per sq.feet has fallen 92 % 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 $2.86 to $2.63 during February, and March.
When referring to the price in Bedford (cities), there have hardly been any changes in the last 6 months. The average price for October is $4,014. During November the price had a slight fall till $3,702. In the following two months the average price has hardly changed with regard to the previous two months from $3,858 to $3,990. Based on an analysis of the first four prices and the last two months the average price has increased 111 % 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 $4,065 they are 41 % more affordable than the average price for Bedford . The properties with the highest average price have 4 bedrooms, Their price is 95 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,798.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.63 / sq.feet, with an average $2.89 / sq.feet price in Bedford. The properties with the most expensive average prices have 3 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $3.23 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,065 it is 41 % more affordable than the average price in Bedford. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $4,761 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "House" priced at $2.94 / sq.feet. "Apartment" is the most expensive type of property with a $3.08 / sq.feet value followed by "House" with an average price of $2.94 / sq.feet.