The rent prices in real estate in North East, in the Maryland 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 North East has risen during the last 6 months. In June, the average price per sq.feet was $1.27. In the following month the price per sq.feet fell to $1.16. In the following two months the price per sq.feet has risen 114 %, going from $1.22 to $1.38 per sq.feet. The price per sq.feet has risen 107 % 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 $1.3 to $1.39 during October, and November.
When referring to the price in North East (cities), there have hardly been any changes in the last 6 months. The rent price in June is $1,365, rising in July till $1,486. In the following two months the average price has hardly changed with regard to the previous two months from $1,425.5 to $1,393. During the last two months the average price has fallen greatly compared to the previous four going from $1,409.25 to $1,120, which means a 79 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,026 they are 2 % more expensive than the average price for North East. Following this ranking we find those properties with 2 at an average price of $1,241. The properties with the highest average price have 3 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,247.
With regard to the average prices per sq.feet those properties with 1 bedroom are 27 % more affordable than the average price of ($1 / sq.feet) in North East. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27 % more affordable than the average value aforementioned.
According to average price per property type in North East, "" priced at $1,247 is 22 % more expensive than the average price ($1,026) in this city.