The rent prices in real estate in Capitol Heights, 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 Capitol Heights has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.81. In February this price barely changed remaining at $1.76 per sq.feet. The price for the following two months in (March, April) had a considerable rise of 220 %. The price per sq.feet has had a considerable fall of 59 % 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 $2.85 to $1.69 during May, and June.
When referring to the price in Capitol Heights (cities), this has risen in the last 6 months. The rent price in January is $1,442, rising in February till $1,582. In the following two months the average price has hardly changed with regard to the previous two months from $1,512 to $1,509. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,601 they are 18 % more affordable than the average price for Capitol Heights . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,805.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.47 / sq.feet, with an average $1.76 / sq.feet price in Capitol Heights. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 4 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,601 it is 24 % more affordable than the average price in Capitol Heights. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,310 it is 33 % 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 $1 / sq.feet followed by "Townhouse" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.