Property prices for rent in Greenbelt (Maryland)

The rent prices in real estate in Greenbelt, in the Maryland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,602.5
Average price last 6 months
$2.22
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Greenbelt has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.72. In the following month the price per sq.feet fell considerably to $1.79. The price for the following two months in (December, January) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $2.5 to $1.68 during February, and March.

Average price

When referring to the price in Greenbelt (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,650. In November This price remains at $1,621. In the following two months the average price has hardly changed with regard to the previous two months from $1,635.5 to $1,611. 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 $1,623.25 and $1,561 between February and March.

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 $1,529 they are 8 % more affordable than the average price for Greenbelt . 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 4 bedrooms priced at $1,677.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $1.67 / sq.feet price in Greenbelt. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.56 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,529 it is 10 % more expensive than the average price in Greenbelt. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "". At a price of $1,677 it is 16 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $65 / sq.feet. "Condo" at an average price of $65 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Greenbelt
Number of properties used in region Maryland
$1,529
$1.67
856
101,030
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value