Property prices for rent in Middletown (Delaware)

The rent prices in real estate in Middletown, in the Delaware region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$1,572.5
Average price last 6 months
$0.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Middletown has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.03. The price for the following two months in (June, July) had a considerable rise of 178 %. The price per sq.feet has had a considerable fall of 83 % 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 $0.72 to $0.59 during August, and September.

Average price

When referring to the price in Middletown (cities), this has risen in the last 6 months. The average price during our first sample month during April, is $1,501. During May the price went through a considerable rise reaching $1,919. In the following two months the average price has hardly changed with regard to the previous two months from $1,710 to $1,716.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,713.25 to $1,291, which means a 75 % fall.

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 $1,301 they are 6 % more affordable than the average price for Middletown . The properties with the highest average price have 2 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,220.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.25 / sq.feet, with an average $1.18 / sq.feet price in Middletown. The properties with the most expensive average prices have 2 bedrooms. They are 1510 % more expensive than the average followed by properties with 1 bedroom with a price at $1.25 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,301 it is 3 % more expensive than the average price in Middletown. "House" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,517 it is 17 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $19 / sq.feet followed by "Townhouse" priced at $26 / sq.feet. "Townhouse" is the most expensive type of property with a $26 / sq.feet value followed by "House" with an average price of $19 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Middletown
Number of properties used in region Delaware
$1,301
$1.18
124
9,048
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value