Property prices for rent in Middletown (Connecticut)
The rent prices in real estate in Middletown, in the Connecticut 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 Middletown has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.86. In the following month the price per sq.feet rose to $2.07. In the following two months the price per sq.feet has practically remained the same, going from $1.97 to $1.91 per sq.feet. The price per sq.feet has had a considerable rise of 1795 % 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 $1.94 to $34.82 during March, and April.
When referring to the price in Middletown (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,626, rising in December till $1,709. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. 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 $1,624.75 and $1,625.5 between March and April.
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 $1,624 they are 16 % more affordable than the average price for Middletown . The properties with the highest average price have 4 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,942.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $67.67 / sq.feet price in Middletown. The properties with the most expensive average prices have 3 bedrooms. They are 231 % more expensive than the average followed by properties with 1 bedroom with a price at $75.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,624 it is 2 % more affordable than the average price in Middletown. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,826 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.
