Property prices for rent in Georgetown (Delaware)
The rent prices in real estate in Georgetown, in the Delaware 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 Georgetown has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 168 %. The price per sq.feet has fallen 87 % 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 $1.34 to $1.16 during February, and March.
When referring to the price in Georgetown (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,761, rising in November till $1,852. In the following two months the average price has hardly changed with regard to the previous two months from $1,806.5 to $1,783. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,794.75 to $1,641.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,785 they are 34 % more affordable than the average price for Georgetown . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,460.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 727 % more expensive than the average price of ($11 / sq.feet) in Georgetown. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 727 % more expensive 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 $1,785 it is 46 % more affordable than the average price in Georgetown. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $967 it is 34 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $11 / sq.feet. "House" at an average price of $11 / sq.feet has the highest price and would be directed at more affluent cities.
