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 $1.5. In the following month the price per sq.feet rose considerably to $1.74. In the following two months the price per sq.feet has risen 106 %, going from $1.62 to $1.72 per sq.feet. The price per sq.feet has had a considerable rise of 126 % 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 $1.67 to $2.11 during February, and March.
When referring to the price in Cromwell (cities), this has fallen considerably in the last 6 months. The average price for October is $2,500. During November the price had a considerable fall till $1,931. In the following two months the average price has hardly changed with regard to the previous two months from $2,215.5 to $2,164. During the last two months the average price has fallen greatly compared to the previous four going from $2,189.75 to $1,803.5, which means a 82 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,756 they are 24 % more affordable than the average price for Cromwell . The properties with the highest average price have 2 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,715.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.67 / sq.feet, with an average $2.01 / sq.feet price in Cromwell. The properties with the most expensive average prices have 4 bedrooms. They are 1691 % more expensive than the average followed by properties with 1 bedroom with a price at $2.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,756 it is 25 % more affordable than the average price in Cromwell. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,338 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $22 / sq.feet followed by "House" priced at $36 / sq.feet. "House" is the most expensive type of property with a $36 / sq.feet value followed by "Condo" with an average price of $22 / sq.feet.
