Property prices for rent in Westerly (Rhode Island)

The rent prices in real estate in Westerly, in the Rhode Island region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Westerly has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.19. In the following month the price per sq.feet rose considerably to $1.4. In the following two months the price per sq.feet has practically remained the same, going from $1.29 to $1.35 per sq.feet. The price per sq.feet has had a considerable rise of 127 % 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 $1.32 to $1.67 during December, and January.

Average price

When referring to the price in Westerly (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,271. In September This price remains at $1,306. In the following two months the average price has hardly changed with regard to the previous two months from $1,288.5 to $1,348. 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 $1,318.25 and $1,285 between December and January.

Average price per bedrooms

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 $1,250 they are 20 % more affordable than the average price for Westerly . The properties with the highest average price have 3 bedrooms, Their price is 281 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,275.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $5 / sq.feet, with an average $1.68 / sq.feet price in Westerly. The properties with the most expensive average prices have 3 bedrooms. They are 1150 % more expensive than the average followed by properties with 1 bedroom with a price at $19 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,250 it is 7 % more affordable than the average price in Westerly. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,158 it is 6 % more affordable than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $5 / sq.feet. "House" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Westerly
Number of properties used in region Rhode Island
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value