The rent prices in real estate in Edgewater, 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 Edgewater has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.53. In the following month the price per sq.feet rose considerably to $2.17. In the following two months the price per sq.feet has risen 109 %, going from $1.85 to $2.03 per sq.feet. The price per sq.feet has fallen 91 % 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 $1.94 to $1.75 during March, and April.
When referring to the price in Edgewater (cities), this has fallen considerably in the last 6 months. The average price for November is $4,094. During December the price had a considerable fall till $2,715. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. 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 $3,255.5 and $3,234 between March and April.
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 $3,438 they are 36 % more affordable than the average price for Edgewater . The properties with the lowest average price have 1 bedroom, Their price is 28 % more affordable than the average. After that we have properties with 3 bedrooms priced at $2,411.
According to average price per property type in Edgewater, "" priced at $2,211 is 36 % lower than the average price ($3,438) in this city.