The rent prices in real estate in Elkridge, 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 Elkridge has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.68. In the following month the price per sq.feet rose to $1.92. The price for the following two months in (March, April) had a considerable rise of 116 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.95 to $1.93 during May y June
When referring to the price in Elkridge (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $2,119. In February This price remains at $2,133. During the following two months (March, April) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
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 $2,344 they are 33 % more affordable than the average price for Elkridge . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,922.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.5 / sq.feet, with an average $1.94 / sq.feet price in Elkridge. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.09 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,344 it is 14 % more affordable than the average price in Elkridge. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,420 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.75 / sq.feet followed by "Apartment" priced at $2.09 / sq.feet. "Apartment" is the most expensive type of property with a $2.09 / sq.feet value followed by "House" with an average price of $1.75 / sq.feet.