The rent prices in real estate in Branford, in the Connecticut 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 Branford has risen during the last 6 months. In September, the average price per sq.feet was $2.41. In the following month the price per sq.feet rose to $2.66. In the following two months the price per sq.feet has practically remained the same, going from $2.54 to $2.63 per sq.feet. The price per sq.feet has fallen 91 % 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 $2.59 to $2.37 during January, and February.
When referring to the price in Branford (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,589. In October This price remains at $2,669. In the following two months the average price has hardly changed with regard to the previous two months from $2,629 to $2,693.5. 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 $2,661.25 and $2,628 between January and February.
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 $2,590 they are 35 % more affordable than the average price for Branford . The properties with the highest average price have 4 bedrooms, Their price is 150 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,719.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.31 / sq.feet, with an average $2.35 / sq.feet price in Branford. The properties with the most expensive average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.37 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,590 it is 40 % more affordable than the average price in Branford. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $3,251 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $2 / sq.feet followed by "House" priced at $2.19 / sq.feet. "Apartment" is the most expensive type of property with a $46 / sq.feet value followed by "Townhouse" with an average price of $37 / sq.feet.