The rent prices in real estate in Warwick, in the Rhode Island region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Warwick has barely changed in the last 6 months. In January, the average price per sq.feet was $1.59. In the following month the price per sq.feet rose to $1.76. In the following two months the price per sq.feet has practically remained the same, going from $1.67 to $1.6 per sq.feet. The price per sq.feet has fallen 90 % 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 $1.64 to $1.48 during May, and June.
When referring to the price in Warwick (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,507. In February This price remains at $1,465. In the following two months the average price has hardly changed with regard to the previous two months from $1,486 to $1,464.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,475.25 and $1,425 between May and June.
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 $1,468 they are 17 % more affordable than the average price for Warwick . The properties with the highest average price have 3 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,449.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.32 / sq.feet price in Warwick. The properties with the most expensive average prices have 2 bedrooms. They are 52 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
According to average price per property type in Warwick, "" priced at $1,421 is 3 % lower than the average price ($1,468) in this city.