The rent prices in real estate in Lexington Park, in the Maryland region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Lexington Park has risen during the last 6 months. In October, the average price per sq.feet was $1.45. In November this price barely changed remaining at $1.41 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from $1.43 to $1.56 per sq.feet. The price per sq.feet has risen 111 % 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 $1.49 to $1.66 during February, and March.
When referring to the price in Lexington Park (cities), this has risen in the last 6 months. The average price for October is $1,689. During November the price had a slight fall till $1,600. During the following two months (December, January) the price has had an average rise from $1,644.5 to $1,821.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $1,826 they are 7 % more affordable than the average price for Lexington Park . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,891.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.04 / sq.feet, with an average $1.67 / sq.feet price in Lexington Park. The properties with the most expensive average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.76 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,826 it is 24 % more affordable than the average price in Lexington Park. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,802 it is 6 % 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 "House" priced at $1.31 / sq.feet. "Apartment" is the most expensive type of property with a $2.01 / sq.feet value followed by "Condo" with an average price of $1.46 / sq.feet.