The rent prices in real estate in East Boston, in the Massachusetts region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in East Boston has risen during the last 6 months. In July, the average price per sq.feet was $2.28. In August this price barely changed remaining at $2.36 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $2.32 to $2.6 per sq.feet. The price per sq.feet has risen 112 % 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 $2.46 to $2.74 during November, and December.
When referring to the price in East Boston (cities), this has fallen in the last 6 months. The average price for July is $2,645. During August the price had a slight fall till $2,402. In the following two months the average price has hardly changed with regard to the previous two months from $2,523.5 to $2,546.5. 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 $2,535 and $2,465 between November and December.
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 $2,401 they are 27 % more affordable than the average price for East Boston . The properties with the highest average price have 3 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,674.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.53 / sq.feet, with an average $2.66 / sq.feet price in East Boston. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.73 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,401 it is 4 % more expensive than the average price in East Boston. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Apartment" followed by "". At a price of $2,491 it is 11 % 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.