Property prices for rent in North Billerica (Massachusetts)
The rent prices in real estate in North Billerica, 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 North Billerica has barely changed in the last 6 months. In November, the average price per sq.feet was $2.6. In December this price barely changed remaining at $2.55 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable rise of 189 % 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 to $3.79 during March, and April.
When referring to the price in North Billerica (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during November, is $2,875. During December the price went through a considerable rise reaching $3,370. During the following two months (January, February) the average price had a considerable fall of 64 % 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 had a strong increase of 143 % 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 $3,782 they are 34 % more affordable than the average price for North Billerica . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 7 % more affordable than the average aforementioned.
