The rent prices in real estate in East Greenwich, in the Rhode Island 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 East Greenwich has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.78. In September this price barely changed remaining at $1.85 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 521 %. The price per sq.feet has had a considerable rise of 275 % 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 $5.63 to $15.5 during December, and January.
When referring to the price in East Greenwich (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $2,105. In September This price remains at $2,044. In the following two months the average price has hardly changed with regard to the previous two months from $2,074.5 to $2,053.5. 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 $2,064 and $2,002 between December and January.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 17 % more affordable than the average price of $1,685 in East Greenwich. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 17 % more affordable than the average aforementioned.
According to average price per property type in East Greenwich, "" priced at $1,371 is 32 % lower than the average price ($2,031) in this city.