The rent prices in real estate in Lexington Park, 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 Lexington Park has fallen during the last 6 months. In October, the average price per sq.feet was $1.53. In November this price barely changed remaining at $1.56 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.54 to $1.53 per sq.feet. The price per sq.feet has had a considerable fall of 82 % 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 $1.54 to $1.25 during February, and March.
When referring to the price in Lexington Park (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,377. During November the price had a slight fall till $1,284. In the following two months the average price has hardly changed with regard to the previous two months from $1,330.5 to $1,328. 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 $1,329.25 and $1,395.5 between February and March.
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 $1,357 they are 11 % more affordable than the average price for Lexington Park . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,474.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.18 / sq.feet price in Lexington Park. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.14 / sq.feet.
According to average price per property type in Lexington Park, "" priced at $1,213 is 11 % lower than the average price ($1,357) in this city.