The rent prices in real estate in Norwalk, in the Connecticut 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 Norwalk has risen during the last 6 months. In October, the average price per sq.feet was $1.97. In the following month the price per sq.feet rose considerably to $2.39. In the following two months the price per sq.feet has practically remained the same, going from $2.18 to $2.16 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.17 to $2.12 during February y March
When referring to the price in Norwalk (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,063, rising in November till $2,258. In the following two months the average price has hardly changed with regard to the previous two months from $2,160.5 to $2,134. 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 $2,147.25 and $2,111 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 $2,169 they are 11 % more affordable than the average price for Norwalk . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,840.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.16 / sq.feet price in Norwalk. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.02 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $2,169 it is 27 % more affordable than the average price in Norwalk. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $2,298 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "Land" is the most expensive type of property with a $89 / sq.feet value followed by "House" with an average price of $2 / sq.feet.