The rent prices in real estate in Central Falls, in the Rhode Island region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Central Falls has had a strong fall during the last 6 months. In April, the average price per sq.feet was $6.82. In the following month the price per sq.feet rose to $7.25. In the following two months the price per sq.feet has risen 115 %, going from $7.03 to $8.06 per sq.feet. The price per sq.feet has had a considerable fall of 12 % 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 $7.55 to $0.92 during August, and September.
When referring to the price in Central Falls (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,427. During May the price had a slight fall till $1,346. During the following two months (June, July) the price has had an average rise from $1,386.5 to $1,567. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,476.75 to $1,309 in August and September.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $1,143 in Central Falls. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3411 % more expensive than the average price of ($33 / sq.feet) in Central Falls. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3411 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,265 it is 10 % more affordable than the average price in Central Falls. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,143 it is 21 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $33 / sq.feet. "House" at an average price of $33 / sq.feet has the highest price and would be directed at more affluent cities.