Property prices for rent in Westerly (Rhode Island)

The rent prices in real estate in Westerly, in the Rhode Island region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in 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 had a strong fall during the last 6 months. In May, the average price per sq.feet was $13.65. In June this price barely changed remaining at $13.39 per sq.feet. The price for the following two months in (July, August) had a considerable rise of 119 %. The price per sq.feet has had a considerable fall of 21 % 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 $14.82 to $3.05 during September, and October.

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 May, the average price is $2,490. In June This price remains at $2,570. In the following two months the average price has hardly changed with regard to the previous two months from $2,530 to $2,583.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,556.75 to $2,378 in September and October.

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 $2,553 they are 56 % more affordable than the average price for Westerly . The properties with the highest average price have 3 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,327.

Price per property type

According to average price per property type in Westerly, "" priced at $1,140 is 55 % lower than the average price ($2,553) in this city.

Charts data
Average price October
Average price per sq.feet October
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