The rent prices in real estate in Frederick, in the Maryland 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 Frederick has risen during the last 6 months. In November, the average price per sq.feet was $1.52. In December this price barely changed remaining at $1.53 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.52 to $1.61 per sq.feet. The price per sq.feet has risen 111 % 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 $1.57 to $1.74 during March, and April.
When referring to the price in Frederick (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,570. In December This price remains at $1,619. In the following two months the average price has hardly changed with regard to the previous two months from $1,594.5 to $1,618.5. 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 $1,606.5 and $1,637.5 between March and April.
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 $1,636 they are 7 % more affordable than the average price for Frederick . The properties with the highest average price have 4 bedrooms, Their price is 88 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,056.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.2 / sq.feet, with an average $1.72 / sq.feet price in Frederick. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.61 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,636 it is 36 % more affordable than the average price in Frederick. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,602 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.04 / sq.feet followed by "House" priced at $1.66 / sq.feet. "Condo" is the most expensive type of property with a $85.68 / sq.feet value followed by "House" with an average price of $1.66 / sq.feet.