Property prices for rent in New Market (Maryland)
The rent prices in real estate in New Market, in the Maryland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in New Market has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.34. In the following month the price per sq.feet rose to $1.41. The price for the following two months in (December, January) had a considerable rise of 132 %. 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 $1.59 to $1.47 during February, and March.
When referring to the price in New Market (cities), there have hardly been any changes in the last 6 months. The average price for October is $3,069. During November the price had a slight fall till $2,807. In the following two months the average price has hardly changed with regard to the previous two months from $2,938 to $2,923. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
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 $3,187 they are 70 % more affordable than the average price for New Market . The properties with the lowest average price have 2 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 1 bedroom priced at $958.
According to average price per property type in New Market, "" priced at $2,048 is 36 % lower than the average price ($3,187) in this city.
