The rent prices in real estate in Saint Leonard, in the Maryland region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Saint Leonard has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.28. In the following month the price per sq.feet fell to $1.17. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 50 % 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 $1.15 to $0.57 during February, and March.
When referring to the price in Saint Leonard (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,477. In November This price remains at $2,375. In the following two months the average price has hardly changed with regard to the previous two months from $2,426 to $2,522.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,474.25 to $1,886, which means a 76 % fall.
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 $1,429 they are 8 % more affordable than the average price for Saint Leonard . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,405.
According to average price per property type in Saint Leonard, "" priced at $1,405 is 2 % lower than the average price ($1,429) in this city.