Property prices for rent in Cambridge (Massachusetts)

The price per sq.feet in Cambridge has had a strong fall during the last 6 months. In July, the average price per sq.feet was $14.67. In the following month the price per sq.feet fell considerably to $10.4. The price for the following two months in (September, October) had a considerable fall of 27 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $7.98 to $3.38 during November, and December.

When referring to the price in Cambridge (cities), this has fallen considerably in the last 6 months. The average price for July is $3,247. During August the price had a slight fall till $2,901. During the following two months (September, October) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,865.25 to $2,699 in November and December.

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 $2,611 they are 10 % more affordable than the average price for Cambridge . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,480.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.9 / sq.feet, with an average $3.46 / sq.feet price in Cambridge. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.17 / sq.feet.

The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $2,611 it is 1 % more expensive than the average price in Cambridge. "House" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $2,843 it is 59 % 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 $3.33 / sq.feet followed by "Condo" priced at $19.03 / sq.feet. "Condo" is the most expensive type of property with a $19.03 / sq.feet value followed by "House" with an average price of $3.33 / sq.feet.