The rent prices in real estate in Owings Mills, 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 Owings Mills has risen during the last 6 months. In March, the average price per sq.feet was $1.7. In the following month the price per sq.feet rose to $1.93. In the following two months the price per sq.feet has practically remained the same, going from $1.82 to $1.83 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 $1.82 to $1.83 during July y August
When referring to the price in Owings Mills (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,814. In April This price remains at $1,859. In the following two months the average price has hardly changed with regard to the previous two months from $1,836.5 to $1,765.5. 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 $1,801 and $1,725.5 between July and August.
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 $1,724 they are 8 % more affordable than the average price for Owings Mills . The properties with the highest average price have 4 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,250.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.56 / sq.feet, with an average $1.85 / sq.feet price in Owings Mills. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.67 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,724 it is 9 % more affordable than the average price in Owings Mills. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,629 it is 57 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.53 / sq.feet followed by "Townhouse" priced at $1.64 / sq.feet. "Apartment" is the most expensive type of property with a $1.87 / sq.feet value followed by "Condo" with an average price of $1.77 / sq.feet.