The rent prices in real estate in Middle River, in the Maryland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Middle River has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose to $1.74. In the following two months the price per sq.feet has risen 106 %, going from $1.64 to $1.75 per sq.feet. The price per sq.feet has had a considerable rise of 614 % 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 $1.7 to $10.43 during July, and August.
When referring to the price in Middle River (cities), this has risen in the last 6 months. The rent price in March is $1,232, rising in April till $1,326. During the following two months (May, June) the price has had an average rise from $1,279 to $1,374.5. Based on an analysis of the first four prices and the last two months the average price has increased 113 % 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 $1,736 they are 37 % more affordable than the average price for Middle River . The properties with the highest average price have 3 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,822.
With regard to the average prices per sq.feet those properties with 1 bedroom are 95 % more affordable than the average price of ($1 / sq.feet) in Middle River. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 95 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,736 it is 25 % more affordable than the average price in Middle River. "Villa" is seen as the second most affordable property type. The most affordable property is "Villa" followed by "". At a price of $1,304 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Villa with an average cost of $9 / sq.feet. "Villa" with an average price of $9 / sq.feet has the most affordable price and would be directed at less affluent cities.