The rent prices in real estate in Marriottsville, 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.
The price per sq.feet in Marriottsville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.74. In December this price barely changed remaining at $1.77 per sq.feet. The price for the following two months in (January, February) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1.69 to during March, and April.
When referring to the price in Marriottsville (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $4,000. In December This price remains at $3,844. In the following two months the average price has hardly changed with regard to the previous two months from $3,922 to $3,727.5. During the last two months the average price has fallen greatly compared to the previous four going from $3,824.75 to $2,634.5, which means a 69 % fall.
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 $3,105 they are 43 % more affordable than the average price for Marriottsville . The properties with the lowest average price have 2 bedrooms, Their price is 35 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,782.
According to average price per property type in Marriottsville, "" priced at $2,011 is 35 % lower than the average price ($3,105) in this city.