Property prices for rent in Narragansett (Rhode Island)

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

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Narragansett has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.48. In the following month the price per sq.feet rose considerably to $2.98. The price for the following two months in (December, January) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.95 to $1.79 during February, and March.

Average price

When referring to the price in Narragansett (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,031. During November the price went through a considerable rise reaching $4,160. During the following two months (December, January) the average price had a considerable fall of 79 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,767 to $2,037.5, which means a 74 % fall.

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 $2,058 they are 49 % more affordable than the average price for Narragansett . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,190.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $14 / sq.feet, with an average $1.95 / sq.feet price in Narragansett. The properties with the most expensive average prices have 1 bedroom. They are 926 % more expensive than the average followed by properties with 2 bedrooms with a price at $14 / sq.feet.

Price per property type

According to average price per property type in Narragansett, "" priced at $1,902 is 8 % lower than the average price ($2,058) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Narragansett
Number of properties used in region Rhode Island
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value