Property prices for rent in Fairfield (Connecticut)

The rent prices in real estate in Fairfield, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fairfield has risen strongly during the last 6 months. In April, the average price per sq.feet was $7.76. In the following month the price per sq.feet rose considerably to $13.12. The price for the following two months in (June, July) had a considerable rise of 175 %. The price per sq.feet has had a considerable fall of 21 % 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 $14.34 to $2.95 during August, and September.

Average price

When referring to the price in Fairfield (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $4,363. During May the price went through a considerable rise reaching $6,114. During the following two months (June, July) the average price had a considerable rise of 116 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,646.5 to $4,545, which means a 80 % fall.

Average price per bedrooms

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 $4,587 they are 39 % more affordable than the average price for Fairfield . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,880.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.33 / sq.feet, with an average $3.2 / sq.feet price in Fairfield. The properties with the most expensive average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 1 bedroom with a price at $3.46 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $4,587 it is 45 % more affordable than the average price in Fairfield. "Office" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $3,497 it is 68 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $2.86 / sq.feet followed by "Condo" priced at $3.65 / sq.feet. "Townhouse" is the most expensive type of property with a $124 / sq.feet value followed by "Office" with an average price of $119 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Fairfield
Number of properties used in region Connecticut
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value