Property prices for rent in Cromwell (Connecticut)
The rent prices in real estate in Cromwell, in the Connecticut 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 Cromwell has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.11. In the following month the price per sq.feet fell to $1.02. The price for the following two months in (December, January) had a considerable rise of 120 %. The price per sq.feet has had a considerable rise of 3753 % 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 $1.17 to $44 during February, and March.
When referring to the price in Cromwell (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,494. In November This price remains at $1,542. In the following two months the average price has hardly changed with regard to the previous two months from $1,518 to $1,467. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 14 % more affordable than the average price of $1,350 in Cromwell. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4100 % more expensive than the average price of ($42 / sq.feet) in Cromwell. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4100 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,573 it is 16 % more affordable than the average price in Cromwell. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,350 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $28 / sq.feet followed by "Condo" priced at $33 / sq.feet. "House" is the most expensive type of property with a $42 / sq.feet value followed by "Condo" with an average price of $33 / sq.feet.
