The rent prices in real estate in North East, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in North East has fallen during the last 6 months. In January, the average price per sq.feet was $1.26. In February this price barely changed remaining at $1.23 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.22 per sq.feet. 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 $1.23 to $1.14 during May, and June.
When referring to the price in North East (cities), this has risen in the last 6 months. The rent price in January is $997, rising in February till $1,109. During the following two months (March, April) the price has had an average rise from $1,053 to $1,182.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,117.75 to $1,048.5 in May and June.
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 $1,063 they are 11 % more affordable than the average price for North East . The properties with the highest average price have 3 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,233.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % 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 3 % more affordable than the average value aforementioned.
According to average price per property type in North East, "" priced at $1,233 is 16 % more expensive than the average price ($1,063) in this city.