Property prices for rent in Olney (Maryland)

The rent prices in real estate in Olney, in the Maryland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,140.67
Average price last 6 months
$3.29
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Olney has had a strong fall during the last 6 months. In July, the average price per sq.feet was $12.56. In the following month the price per sq.feet fell considerably to $1.38. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 37 % 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 $4.16 to $1.53 during November, and December.

Average price

When referring to the price in Olney (cities), this has risen considerably in the last 6 months. The average price for July is $1,869. During August the price had a considerable fall till $1,486. During the following two months (September, October) the average price had a considerable rise of 139 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.

Average price per bedrooms

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 $2,360 they are 54 % more affordable than the average price for Olney . The properties with the lowest average price have 3 bedrooms, Their price is 16 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,844.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $6 / sq.feet, with an average $1.64 / sq.feet price in Olney. The properties with the most expensive average prices have 2 bedrooms. They are 754 % more expensive than the average followed by properties with 3 bedrooms with a price at $6 / sq.feet.

Price per property type

According to average price per property type in Olney, "" priced at $1,844 is 22 % lower than the average price ($2,360) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Olney
Number of properties used in region Maryland
$2,360
$1.64
148
107,400
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value