Property prices for rent in Milford (Delaware)
The rent prices in real estate in Milford, in the Delaware 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 October, the average price per sq.feet was $1.66. In November this price barely changed remaining at $1.63 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.64 to $1.67 per sq.feet. The price per sq.feet has had a considerable fall of 80 % 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 $1.66 to $1.33 during February, and March.
When referring to the price in Milford (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,887. In November This price remains at $1,799. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,759.5 to $1,612.5 in February and March.
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 $1,837 they are 61 % more affordable than the average price for Milford . The properties with the lowest average price have 3 bedrooms, Their price is 28 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,121.
According to average price per property type in Milford, "" priced at $1,121 is 39 % lower than the average price ($1,837) in this city.
