Property prices for rent in College Park (Maryland)

The rent prices in real estate in College Park, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in College Park has fallen during the last 6 months. In March, the average price per sq.feet was $1.87. In April this price barely changed remaining at $1.91 per sq.feet. The price for the following two months in (May, June) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.84 to $1.7 during July, and August.

Average price

When referring to the price in College Park (cities), this has risen in the last 6 months. The rent price in March is $1,597, rising in April till $1,786. In the following two months the average price has hardly changed with regard to the previous two months from $1,691.5 to $1,672.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.

Average price per bedrooms

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 $1,773 they are 4 % more affordable than the average price for College Park . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,933.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.36 / sq.feet, with an average $1.77 / sq.feet price in College Park. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.86 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,773 it is 14 % more affordable than the average price in College Park. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,769 it is 60 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.49 / sq.feet followed by "Condo" priced at $1.68 / sq.feet. "House" is the most expensive type of property with a $1.91 / sq.feet value followed by "Condo" with an average price of $1.68 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in College Park
Number of properties used in region Maryland
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value