The rent prices in real estate in Milford, in the Pennsylvania 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 October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.44. In the following two months the price per sq.feet has risen 108 %, going from $1.22 to $1.32 per sq.feet. The price per sq.feet has risen 112 % 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 $1.27 to $1.42 during February, and March.
When referring to the price in Milford (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,422. In November This price remains at $2,333. During the following two months (December, January) the price has had an average rise from $2,377.5 to $2,605. 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 $2,491.25 and $2,527 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 49 % more affordable than the average price of $1,329 in Milford. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4863 % more expensive than the average price of ($67 / sq.feet) in Milford. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4863 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,605 it is 51 % more affordable than the average price in Milford. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,289 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $42 / sq.feet followed by "Land" priced at $47 / sq.feet. "House" is the most expensive type of property with a $67 / sq.feet value followed by "Land" with an average price of $47 / sq.feet.