The rent prices in real estate in Milford, in the Connecticut region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Milford has fallen during the last 6 months. In August, the average price per sq.feet was $2.28. In the following month the price per sq.feet fell to $1.94. In the following two months the price per sq.feet has practically remained the same, going from $2.11 to $2.14 per sq.feet. The price per sq.feet has fallen 94 % 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 $2.13 to $1.99 during December, and January.
When referring to the price in Milford (cities), this has fallen in the last 6 months. The average price for August is $2,139. During September the price had a slight fall till $2,029. In the following two months the average price has hardly changed with regard to the previous two months from $2,084 to $2,023.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,053.75 to $1,828 in December and January.
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 $1,785 they are 22 % more affordable than the average price for Milford . The properties with the highest average price have 4 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,099.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $1.98 / sq.feet price in Milford. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.98 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,785 it is 20 % more affordable than the average price in Milford. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Duplex". At a price of $1,752 it is 38 % 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 $2.01 / sq.feet followed by "Condo" priced at $2.39 / sq.feet. "Townhouse" is the most expensive type of property with a $44 / sq.feet value followed by "Condo" with an average price of $2.39 / sq.feet.