The rent prices in real estate in Milford, 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.
The price per sq.feet in Milford has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.07. In the following month the price per sq.feet fell to $1. The price for the following two months in (May, June) had a considerable rise of 531 %. The price per sq.feet has had a considerable fall of 31 % 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 $3.27 to $1 during July, and August.
When referring to the price in Milford (cities), this has risen considerably in the last 6 months. The rent price in March is $1,081, rising in April till $1,189. During the following two months (May, June) the average price had a considerable rise of 116 % 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 $1,226.75 and $1,202 between July and August.
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 $1,106 they are 10 % more affordable than the average price for Milford . The properties with the highest average price have 2 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 1 bedroom priced at $997.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $20 / sq.feet, with an average $1 / sq.feet price in Milford. The properties with the most expensive average prices have 1 bedroom. They are 2700 % more expensive than the average followed by properties with 2 bedrooms with a price at $20 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most expensive one. At an cost of $1,106 it is 6 % more expensive than the average price in Milford. "Land" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Land". At a price of $1,177 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $10 / sq.feet followed by "Land" priced at $15 / sq.feet. "House" is the most expensive type of property with a $20 / sq.feet value followed by "Land" with an average price of $15 / sq.feet.