Property prices for rent in Lanham (Maryland)

The rent prices in real estate in Lanham, 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.

$1,678.83
Average price last 6 months
$2.13
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lanham has fallen during the last 6 months. In May, the average price per sq.feet was $2.24. In the following month the price per sq.feet rose to $2.4. The price for the following two months in (July, August) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $2.22 to $1.97 during September, and October.

Average price

When referring to the price in Lanham (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $1,726. In June This price remains at $1,697. In the following two months the average price has hardly changed with regard to the previous two months from $1,711.5 to $1,630.5. 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 $1,671 and $1,694.5 between September and October.

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 $1,685 they are 24 % more affordable than the average price for Lanham . The properties with the highest average price have 3 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,672.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.33 / sq.feet, with an average $1.94 / sq.feet price in Lanham. The properties with the most affordable average prices have 3 bedrooms. They are 17 % more affordable than the average followed by properties with 1 bedroom with a price at $1.33 / sq.feet.

Price per property type

According to average price per property type in Lanham, "" priced at $1,672 is 1 % lower than the average price ($1,685) in this city.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Lanham
Number of properties used in region Maryland
$1,685
$1.94
520
124,072
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value