The rent prices in real estate in Portland, in the Connecticut 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 Portland has risen during the last 6 months. In April, the average price per sq.feet was $20. In May this price barely changed remaining at $20 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 178 %. The price per sq.feet has had a considerable fall of 34 % 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 $27.75 to $9.5 during August, and September.
When referring to the price in Portland (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $1,411. In May This price remains at $1,411. During the following two months (June, July) the average price had a considerable rise of 127 % with regard to the previous two months. 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 $1,600 and $1,643.5 between August and September.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,403 in Portland. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % more affordable than the average price of ($16 / sq.feet) in Portland. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $1,409 it is 2 % more expensive than the average price in Portland. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,440 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $55 / sq.feet followed by "House" priced at $65 / sq.feet. "House" is the most expensive type of property with a $65 / sq.feet value followed by "Townhouse" with an average price of $55 / sq.feet.