The rent prices in real estate in Riverside, in the Connecticut 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 Riverside has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.43. In December this price barely changed remaining at $3.35 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 121 %. The price per sq.feet has had a considerable rise of 127 % 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 $3.75 to $4.76 during March, and April.
When referring to the price in Riverside (cities), this has risen considerably in the last 6 months. The average price for November is $13,304. During December the price had a slight fall till $12,412. During the following two months (January, February) the average price had a considerable rise of 127 % 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 increased 108 % 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 $14,788 they are 65 % more affordable than the average price for Riverside . The properties with the lowest average price have 2 bedrooms, Their price is 59 % more affordable than the average. After that we have properties with 1 bedroom priced at $5,148.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 7481 % more expensive than the average price of ($351 / sq.feet) in Riverside. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 7481 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $14,788 it is 61 % more affordable than the average price in Riverside. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $5,701 it is 59 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $315 / sq.feet followed by "House" priced at $351 / sq.feet. "House" is the most expensive type of property with a $351 / sq.feet value followed by "Townhouse" with an average price of $315 / sq.feet.