The rent prices in real estate in Southborough, in the Massachusetts 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 Southborough has risen during the last 6 months. In October, the average price per sq.feet was $1.9. In the following month the price per sq.feet rose to $2.01. In the following two months the price per sq.feet has risen 111 %, going from $1.96 to $2.16 per sq.feet. The price per sq.feet has risen 110 % 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 $2.06 to $2.27 during February, and March.
When referring to the price in Southborough (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,685. In November This price remains at $3,689. In the following two months the average price has hardly changed with regard to the previous two months from $3,687 to $3,671.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $3,679.25 to $3,187 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $3,088 they are 26 % more affordable than the average price for Southborough . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,400.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.24 / sq.feet price in Southborough. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Southborough, "" priced at $2,283 is 26 % lower than the average price ($3,088) in this city.