Property prices for rent in Northborough (Massachusetts)
The rent prices in real estate in Northborough, in the Massachusetts 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 Northborough has risen during the last 6 months. In October, the average price per sq.feet was $2.52. In November this price barely changed remaining at $2.54 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $2.53 to $2.74 per sq.feet. The price per sq.feet has risen 106 % 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 $2.63 to $2.79 during February, and March.
When referring to the price in Northborough (cities), there have hardly been any changes in the last 6 months. The rent price in October is $3,194, rising in November till $3,389. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. 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 $3,170 and $3,084.5 between February and March.
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 $3,004 they are 5 % more affordable than the average price for Northborough . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,279.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.5 / sq.feet, with an average $2.93 / sq.feet price in Northborough. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.67 / sq.feet.
According to average price per property type in Northborough, "" priced at $3,301 is 10 % more expensive than the average price ($3,004) in this city.
