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 September, the average price per sq.feet was $1.12. In October this price barely changed remaining at $1.11 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.12 to $1.19 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 $1.15 to $1.23 during January, and February.
When referring to the price in North East (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,082. In October This price remains at $1,080. In the following two months the average price has hardly changed with regard to the previous two months from $1,081 to $1,119. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,100 and $1,125 between January and February.
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 $1,053 they are 23 % more affordable than the average price for North East . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,118.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.19 / sq.feet price in North East. The properties with the most expensive average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $1.19 / sq.feet.
According to average price per property type in North East, "" priced at $1,179 is 12 % more expensive than the average price ($1,053) in this city.