The rent prices in real estate in Richland, in the Washington 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 Richland has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.12. In December this price barely changed remaining at $1.14 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.13 to $1.14 per sq.feet. The price per sq.feet has had a considerable rise of 304 % 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 $1.14 to $3.46 during March, and April.
When referring to the price in Richland (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,153. In December This price remains at $1,173. In the following two months the average price has hardly changed with regard to the previous two months from $1,163 to $1,173. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 12 % more affordable than the average price of $1,151 in Richland. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 71 % more affordable than the average price of ($1 / sq.feet) in Richland. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 71 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,306 it is 12 % more affordable than the average price in Richland. "Office" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,568 it is 28 % 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 / sq.feet followed by "Condo" priced at $10 / sq.feet. "Office" is the most expensive type of property with a $17 / sq.feet value followed by "Condo" with an average price of $10 / sq.feet.