The rent prices in real estate in District Heights, 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.
The price per sq.feet in District Heights has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.42. In September this price barely changed remaining at $1.37 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 247 %. The price per sq.feet has had a considerable fall of 58 % 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 $2.42 to $1.41 during December, and January.
When referring to the price in District Heights (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,364. In September This price remains at $1,410. In the following two months the average price has hardly changed with regard to the previous two months from $1,387 to $1,377.5. 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 $1,382.25 and $1,448 between December and January.
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 $1,424 they are 17 % more affordable than the average price for District Heights . The properties with the highest average price have 4 bedrooms, Their price is 58 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,644.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.38 / sq.feet, with an average $1.43 / sq.feet price in District Heights. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.4 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,424 it is 4 % more affordable than the average price in District Heights. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,472 it is 52 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.