The rent prices in real estate in Port Tobacco, 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.
The price per sq.feet in Port Tobacco has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.28. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (June, July) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has risen 107 % 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 to $1.07 during August, and September.
When referring to the price in Port Tobacco (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $2,394. During May the price went through a considerable rise reaching $3,275. During the following two months (June, July) the average price had a considerable rise of 136 % 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 116 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 68 % more affordable than the average price of $1,448 in Port Tobacco. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 68 % more affordable than the average aforementioned.
According to average price per property type in Port Tobacco, "" priced at $1,448 is 68 % lower than the average price ($4,545) in this city.