The rent prices in real estate in Smithsburg, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Smithsburg has fallen during the last 6 months. In October, the average price per sq.feet was $1.19. In the following month the price per sq.feet rose to $1.35. In the following two months the price per sq.feet has risen 110 %, going from $1.27 to $1.39 per sq.feet. The price per sq.feet has had a considerable fall of 38 % 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 $1.33 to $0.5 during February, and March.
When referring to the price in Smithsburg (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,938. In November This price remains at $1,925. In the following two months the average price has hardly changed with regard to the previous two months from $1,931.5 to $1,929. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,930.25 to $1,783.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 22 % more affordable than the average price of $1,329 in Smithsburg. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
According to average price per property type in Smithsburg, "" priced at $1,329 is 22 % lower than the average price ($1,696) in this city.