The rent prices in real estate in New Haven, in the Connecticut region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in New Haven has risen during the last 6 months. In October, the average price per sq.feet was $2.17. In the following month the price per sq.feet rose to $2.32. In the following two months the price per sq.feet has practically remained the same, going from $2.24 to $2.23 per sq.feet. The price per sq.feet has risen 113 % 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 $2.24 to $2.52 during February, and March.
When referring to the price in New Haven (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,138. In November This price remains at $2,209. In the following two months the average price has hardly changed with regard to the previous two months from $2,173.5 to $2,241. 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 $2,207.25 and $2,190.5 between February and March.
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 $2,151 they are 12 % more affordable than the average price for New Haven . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,501.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.73 / sq.feet, with an average $2.71 / sq.feet price in New Haven. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.5 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,151 it is 38 % more affordable than the average price in New Haven. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,379 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.77 / sq.feet. "House" is the most expensive type of property with a $2.81 / sq.feet value followed by "Condo" with an average price of $1.77 / sq.feet.