Property prices for rent in Methuen (Massachusetts)

The rent prices in real estate in Methuen, in the Massachusetts region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,814
Average price last 6 months
$4.71
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Methuen has had a strong fall during the last 6 months. In June, the average price per sq.feet was $11.56. In the following month the price per sq.feet fell considerably to $8.99. The price for the following two months in (August, September) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 32 % 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 $6.08 to $1.98 during October, and November.

Average price

When referring to the price in Methuen (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $1,785. In July This price remains at $1,819. In the following two months the average price has hardly changed with regard to the previous two months from $1,802 to $1,846. 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 $1,824 and $1,794 between October and November.

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 $1,782 they are 9 % more affordable than the average price for Methuen . The properties with the highest average price have 3 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,802.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.83 / sq.feet, with an average $1.97 / sq.feet price in Methuen. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.83 / sq.feet.

Price per property type

According to average price per property type in Methuen, "" priced at $1,802 is 1 % more expensive than the average price ($1,782) in this city.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Methuen
Number of properties used in region Massachusetts
$1,782
$1.97
344
173,284
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value