The average rent price in the Connecticut region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Connecticut has barely changed in the last 6 months. During October, the average price per sq.feet was $1.72. The following month the price fell to $1.56 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.64 to $1.62 per sq.feet. In the last two months, the price per sq.feet has risen 115 %. This has been obtained by comparing the price $1.63 for the first four months of the sample with regard to the previous 4 months and the price $1.88 per sq.feet for the last two months (February, March).
When referring to the price in Connecticut (region), this has fallen in the last 6 months. October has an average price of $1,846. During Novemberthe price had a strong fall till $1,393. In the following two months the average price practically remained the same compared to the previous two going from $1,619.5 to $1,692.5. During the last two months the average price has not gone through any changes and has gone from $1,656 to $1,694 during February and March.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 19 % cheaper than the average price in Connecticut followed by those with 2 with an average price of $1,781. The most expensive properties have 4 bedrooms. They are 134 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,059.
Based on the average price per sq.feet those properties with 2 bedrooms are the most affordable ones with a price of $1.69 / sq.feet being $2.21 / sq.feet the average for Connecticut. The properties with the highest average price are those with 4 bedrooms. These are 514 % more expensive than the average followed by those with 3 bedrooms with a price of $5.28 / sq.feet.
The graph displaying the average rent price according to the property type shows "Office" as the most affordable one. With an average cost of $1,765 it is 43 % cheaper than the average in Connecticut. This is followed by "Commercial" with a cost of $1,531. The most expensive property type is "Condo" and is 78 % more costly than the average, followed by "House" with a cost of $1,701.
Based upon the average cost per sq.feet the most affordable property type is "Office with a an average price of $1 / sq.feet, followed by "Apartment" with a price of $1.66 / sq.feet. "Condo" with an average price of $14.12 / sq.feet is the most expensive type of property followed by "Commercial" at a price of $8.51 / sq.feet.