The rent prices in real estate in Meriden, in the Connecticut 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 Meriden has risen during the last 6 months. In October, the average price per sq.feet was $1.67. In the following month the price per sq.feet rose to $1.76. In the following two months the price per sq.feet has risen 115 %, going from $1.72 to $1.97 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.84 to $1.81 during February y March
When referring to the price in Meriden (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,609. In November This price remains at $1,539. In the following two months the average price has hardly changed with regard to the previous two months from $1,574 to $1,562. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $1,684 they are 11 % more affordable than the average price for Meriden . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,110.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.6 / sq.feet, with an average $1.88 / sq.feet price in Meriden. The properties with the most expensive average prices have 1 bedroom. They are 28 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.71 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,684 it is 21 % more affordable than the average price in Meriden. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,603 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "Condo" priced at $1.8 / sq.feet. "House" is the most expensive type of property with a $2.01 / sq.feet value followed by "Condo" with an average price of $1.8 / sq.feet.