The rent prices in real estate in New Bedford, in the Massachusetts region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in New Bedford has barely changed in the last 6 months. In January, the average price per sq.feet was $1.69. In the following month the price per sq.feet fell to $1.48. In the following two months the price per sq.feet has risen 108 %, going from $1.59 to $1.71 per sq.feet. The price per sq.feet has risen 115 % 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 $1.65 to $1.89 during May, and June.
When referring to the price in New Bedford (cities), this has risen in the last 6 months. The average price for January is $1,709. During February the price had a slight fall till $1,562. During the following two months (March, April) the average price had a considerable rise of 126 % 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 $1,850.75 and $1,797.5 between May and June.
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 $1,736 they are 18 % more affordable than the average price for New Bedford . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,807.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.32 / sq.feet, with an average $1.85 / sq.feet price in New Bedford. The properties with the most expensive average prices have 2 bedrooms. They are 21 % more expensive than the average followed by properties with 1 bedroom with a price at $1.78 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,736 it is 30 % more affordable than the average price in New Bedford. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,207 it is 4 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.95 / sq.feet. "House" at an average price of $1.95 / sq.feet has the highest price and would be directed at more affluent cities.