Property prices for rent in Hagerstown (Maryland)
The rent prices in real estate in Hagerstown, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Hagerstown has fallen during the last 6 months. In November, the average price per sq.feet was $1.39. In December this price barely changed remaining at $1.35 per sq.feet. The price for the following two months in (January, February) fell 85 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.27 to $1.17 during March, and April.
When referring to the price in Hagerstown (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,524. During December the price had a slight fall till $1,441. In the following two months the average price has hardly changed with regard to the previous two months from $1,482.5 to $1,466.5. 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 $1,474.5 and $1,545 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 $1,573 they are 34 % more affordable than the average price for Hagerstown . The properties with the highest average price have 4 bedrooms, Their price is 67 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,707.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.9 / sq.feet, with an average $1.13 / sq.feet price in Hagerstown. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.2 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,573 it is 19 % more affordable than the average price in Hagerstown. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,825 it is 24 % 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 / sq.feet followed by "Condo" priced at $1.13 / sq.feet. "House" is the most expensive type of property with a $1.18 / sq.feet value followed by "Condo" with an average price of $1.13 / sq.feet.
