Property prices for rent in Ferndale (Washington)
The rent prices in real estate in Ferndale, in the Washington 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 Ferndale has risen during the last 6 months. In November, the average price per sq.feet was $1.67. In December this price barely changed remaining at $1.69 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.68 to $1.62 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $1.65 to $1.96 during March, and April.
When referring to the price in Ferndale (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $1,830. In December This price remains at $1,794. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,746.75 to $1,562 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,303 they are 6 % more expensive than the average price for Ferndale. Following this ranking we find those properties with 2 at an average price of $1,457. The properties with the highest average price have 4 bedrooms, Their price is 110 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,048.
With regard to the average prices per sq.feet those properties with 1 bedroom are 56 % more affordable than the average price of ($1 / sq.feet) in Ferndale. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 56 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,303 it is 7 % more affordable than the average price in Ferndale. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,456 it is 101 % 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.
