Property prices for rent in Mountlake Terrace (Washington)

The rent prices in real estate in Mountlake Terrace, in the Washington region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$2,277
Average price last 6 months
$2.47
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mountlake Terrace has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.02. In the following month the price per sq.feet rose considerably to $2.58. In the following two months the price per sq.feet has risen 112 %, going from $2.3 to $2.57 per sq.feet. The price per sq.feet has risen 105 % 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 $2.43 to $2.56 during January, and February.

Average price

When referring to the price in Mountlake Terrace (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,382. In October This price remains at $2,307. In the following two months the average price has hardly changed with regard to the previous two months from $2,344.5 to $2,239.5. 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 $2,292 and $2,247 between January and February.

Average price per bedrooms

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 $2,238 they are 14 % more affordable than the average price for Mountlake Terrace . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,056.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.56 / sq.feet price in Mountlake Terrace. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.4 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,238 it is 34 % more affordable than the average price in Mountlake Terrace. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Detached House". At a price of $2,747 it is 33 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $2 / sq.feet. "Apartment" is the most affordable type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Mountlake Terrace
Number of properties used in region Washington
$2,238
$2.56
1,094
214,200
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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