Property prices for rent in College Park (Maryland)

The rent prices in real estate in College Park, 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.

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 risen strongly during the last 6 months. In April, the average price per sq.feet was $1.63. In the following month the price per sq.feet rose considerably to $11.22. The price for the following two months in (June, July) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $5.06 to $4.57 during August, and September.

Average price

When referring to the price in College Park (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,504. In May This price remains at $1,577. During the following two months (June, July) the price has had an average rise from $1,540.5 to $1,733. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,636.75 and $1,686 between August and September.

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 $1,638 they are 14 % more affordable than the average price for College Park . The properties with the highest average price have 4 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,875.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.16 / sq.feet, with an average $1.74 / sq.feet price in College Park. The properties with the most expensive average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.55 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,638 it is 8 % more affordable than the average price in College Park. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,758 it is 9 % 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 $1.23 / sq.feet followed by "Condo" priced at $1.92 / sq.feet. "Apartment" is the most expensive type of property with a $4 / sq.feet value followed by "Condo" with an average price of $1.92 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
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