The rent prices in real estate in Owings Mills, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Owings Mills has fallen during the last 6 months. In April, the average price per sq.feet was $1.5. In May this price barely changed remaining at $1.48 per sq.feet. The price for the following two months in (June, July) fell 94 % with regard to the previous two months. 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 $1.44 to $1.4 during August y September
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 April, the average price is $1,563. In May This price remains at $1,604. In the following two months the average price has hardly changed with regard to the previous two months from $1,583.5 to $1,574.5. 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 $1,579 and $1,618.5 between August and September.
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 $1,612 they are 18 % more affordable than the average price for Owings Mills . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,006.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.47 / sq.feet, with an average $1.4 / sq.feet price in Owings Mills. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.49 / sq.feet.
According to average price per property type in Owings Mills, "" priced at $1,713 is 6 % more expensive than the average price ($1,612) in this city.