The rent prices in real estate in Renton, in the Washington 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 Renton has risen during the last 6 months. In March, the average price per sq.feet was $10.81. In the following month the price per sq.feet fell considerably to $8.49. The price for the following two months in (May, June) had a considerable fall of 20 with regard to the previous two months. The price per sq.feet has had a considerable rise of 382 % 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 $5.81 to $22.21 during July, and August.
When referring to the price in Renton (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,943. In April This price remains at $1,956. In the following two months the average price has hardly changed with regard to the previous two months from $1,949.5 to $1,963.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $2,334 they are 22 % more affordable than the average price for Renton . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,999.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.35 / sq.feet, with an average $42.5 / sq.feet price in Renton. The properties with the most expensive average prices have 2 bedrooms. They are 58 % more expensive than the average followed by properties with 1 bedroom with a price at $45.54 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,334 it is 29 % more affordable than the average price in Renton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,543 it is 19 % 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 $1.77 / sq.feet followed by "Apartment" priced at $2.28 / sq.feet. "Condo" is the most expensive type of property with a $185.56 / sq.feet value followed by "Townhouse" with an average price of $85 / sq.feet.