The rent prices in real estate in Frostburg, 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 Frostburg has risen strongly during the last 6 months. In June, the average price per sq.feet was $0.55. In the following month the price per sq.feet rose considerably to $0.98. The price for the following two months in (August, September) fell 86 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $0.71 to $0.67 during October, and November.
When referring to the price in Frostburg (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $545. During July the price went through a considerable rise reaching $917. During the following two months (August, September) the average price had a considerable fall of 85 % 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 $675.25 and $675 between October and November.
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 $640 they are 42 % more affordable than the average price for Frostburg . The properties with the highest average price have 3 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 4 bedrooms priced at $819.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.55 / sq.feet, with an average $0.63 / sq.feet price in Frostburg. The properties with the most affordable average prices have 2 bedrooms. They are 10 % more affordable than the average followed by properties with 1 bedroom with a price at $0.55 / sq.feet.
According to average price per property type in Frostburg, "" priced at $819 is 28 % more expensive than the average price ($640) in this city.