Property prices for rent in Ocean City (Maryland)

The rent prices in real estate in Ocean City, in the Maryland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$2,377.33
Average price last 6 months
$2.37
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ocean City has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.5. In November this price barely changed remaining at $1.51 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.5 to $1.43 per sq.feet. The price per sq.feet has had a considerable rise of 284 % 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 $1.47 to $4.17 during February, and March.

Average price

When referring to the price in Ocean City (cities), this has risen considerably in the last 6 months. The average price for October is $1,425. During November the price had a slight fall till $1,351. In the following two months the average price has hardly changed with regard to the previous two months from $1,388 to $1,413.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 309 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 73 % more affordable than the average price of $1,555 in Ocean City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 73 % more affordable than the average aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,767 it is 76 % more affordable than the average price in Ocean City. "Apartment" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "". At a price of $1,390 it is 75 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $58 / sq.feet. "Apartment" at an average price of $58 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Ocean City
Number of properties used in region Maryland
$5,767
$5.32
130
146,878
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value