The rent prices in real estate in Monkton, in the Maryland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Monkton has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.69. In December this price barely changed remaining at $1.65 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 49 with regard to the previous two months. 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 $1.25 to $1 during March, and April.
When referring to the price in Monkton (cities), there have hardly been any changes in the last 6 months. The average price for November is $6,667. During December the price had a slight fall till $6,125. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 26 % more affordable than the average price of $5,907 in Monkton. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
According to average price per property type in Monkton, "" priced at $5,907 is 26 % lower than the average price ($7,992) in this city.