Property prices for rent in Chelmsford (Massachusetts)
The rent prices in real estate in Chelmsford, 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 Chelmsford has fallen during the last 6 months. In October, the average price per sq.feet was $3.06. In the following month the price per sq.feet fell to $2.71. In the following two months the price per sq.feet has practically remained the same, going from $2.88 to $2.95 per sq.feet. The price per sq.feet has fallen 95 % 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 $2.92 to $2.77 during February, and March.
When referring to the price in Chelmsford (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,583, rising in November till $2,955. In the following two months the average price has hardly changed with regard to the previous two months from $2,769 to $2,694.5. 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 $2,731.75 to $2,579.5 in February and March.
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 $2,670 they are 16 % more affordable than the average price for Chelmsford . 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 $2,933.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.68 / sq.feet price in Chelmsford. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.7 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,670 it is 42 % more affordable than the average price in Chelmsford. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,640 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $3 / sq.feet. "House" is the most expensive type of property with a $3 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.
