Property prices for rent in Washington (Connecticut)
The rent prices in real estate in Washington, 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 Washington has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.58. In December this price barely changed remaining at $3.48 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $3.53 to $3.74 per sq.feet. The price per sq.feet has had a considerable rise of 169 % 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 $3.64 to $6.13 during March, and April.
When referring to the price in Washington (cities), there have hardly been any changes in the last 6 months. The rent price in November is $15,929, rising in December till $17,800. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $16,116.25 to $14,596 in March and April.
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 $14,742 they are 56 % more affordable than the average price for Washington . The properties with the lowest average price have 2 bedrooms, Their price is 47 % more affordable than the average. After that we have properties with 1 bedroom priced at $6,500.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $9.62 / sq.feet, with an average $6.09 / sq.feet price in Washington. The properties with the most expensive average prices have 2 bedrooms. They are 8209 % more expensive than the average followed by properties with 1 bedroom with a price at $9.62 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $14,742 it is 60 % more affordable than the average price in Washington. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $5,873 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $369 / sq.feet followed by "House" priced at $506 / sq.feet. "House" is the most expensive type of property with a $506 / sq.feet value followed by "Apartment" with an average price of $369 / sq.feet.
