Property prices for rent in Niantic (Connecticut)
The rent prices in real estate in Niantic, 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 Niantic has risen during the last 6 months. In September, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose to $1.65. In the following two months the price per sq.feet has practically remained the same, going from $1.6 to $1.65 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.63 to $1.64 during January y February
When referring to the price in Niantic (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $2,045. In October This price remains at $1,963. During the following two months (November, December) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,403 they are 40 % more affordable than the average price for Niantic . The properties with the lowest average price have 1 bedroom, Their price is 30 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,447.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 3021 % more expensive than the average price of ($54 / sq.feet) in Niantic. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 3021 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,403 it is 40 % more affordable than the average price in Niantic. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,441 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $51 / sq.feet followed by "House" priced at $54 / sq.feet. "House" is the most expensive type of property with a $54 / sq.feet value followed by "Apartment" with an average price of $51 / sq.feet.
