Property prices for rent in Kensington (Maryland)

The rent prices in real estate in Kensington, 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.

$2,362.67
Average price last 6 months
$22.73
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Kensington has had a strong fall during the last 6 months. In January, the average price per sq.feet was $32. In the following month the price per sq.feet fell to $28. The price for the following two months in (March, April) had a considerable fall of 55 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 $23.25 to $21.69 during May, and June.

Average price

When referring to the price in Kensington (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $2,277. In February This price remains at $2,339. During the following two months (March, April) the average price had a considerable fall of 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % during the last two months.

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 $3,092 they are 56 % more affordable than the average price for Kensington . The properties with the lowest average price have 2 bedrooms, Their price is 13 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,365.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $26 / sq.feet, with an average $42 / sq.feet price in Kensington. The properties with the most affordable average prices have 2 bedrooms. They are 24 % more affordable than the average followed by properties with 1 bedroom with a price at $26 / sq.feet.

Price per property type

With regard to the average price based upon the property in Kensington we can see that the most affordable property type is "House" at a price of $2,222, they are 28 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 28 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most affordable property type is "House with an average cost of $32 / sq.feet. "House" with an average price of $32 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Kensington
Number of properties used in region Maryland
$3,092
$42
48
92,872
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value