The rent prices in real estate in Rehoboth Beach, in the Delaware region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Rehoboth Beach has risen strongly during the last 6 months. In March, the average price per sq.feet was $1. In April this price barely changed remaining at $1 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 750 %. The price per sq.feet has had a considerable rise of 1318 % 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 $4.25 to $56 during July, and August.
When referring to the price in Rehoboth Beach (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,872. In April This price remains at $1,936. During the following two months (May, June) the average price fell 91 % 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 193 % 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 47 % more affordable than the average price of $1,806 in Rehoboth Beach. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 71 % more expensive than the average price of ($82 / sq.feet) in Rehoboth Beach. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 71 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,388 it is 50 % more affordable than the average price in Rehoboth Beach. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,762 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $16 / sq.feet followed by "Townhouse" priced at $21 / sq.feet. "House" is the most expensive type of property with a $82 / sq.feet value followed by "Land" with an average price of $27 / sq.feet.