Property prices for rent in Worcester (Massachusetts)
The rent prices in real estate in Worcester, in the Massachusetts 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 Worcester has barely changed in the last 6 months. In October, the average price per sq.feet was $2.45. In the following month the price per sq.feet fell to $2.2. In the following two months the price per sq.feet has practically remained the same, going from $2.33 to $2.31 per sq.feet. The price per sq.feet has risen 111 % 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 $2.32 to $2.57 during February, and March.
When referring to the price in Worcester (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,131. In November This price remains at $2,177. In the following two months the average price has hardly changed with regard to the previous two months from $2,154 to $2,186. 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 $2,170 and $2,202 between February and March.
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 $2,227 they are 4 % more affordable than the average price for Worcester . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,374.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.73 / sq.feet, with an average $2.66 / sq.feet price in Worcester. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.43 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $2,227 it is 1 % more expensive than the average price in Worcester. "Condo" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condo". At a price of $2,449 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.26 / sq.feet followed by "House" priced at $2.74 / sq.feet. "House" is the most expensive type of property with a $2.74 / sq.feet value followed by "Condo" with an average price of $2.26 / sq.feet.
