The average rent price in the Connecticut region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in Connecticut has risen considerably in the last 6 months. During January, the average price per sq.feet was $1.82. The following month (February) the price rose to $1.92 per sq.feet. In the following two months (March, April) the rent price per sq.feet has increased notably to a 133 %. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $2.18 to $2.08 during May and June.
When referring to the price in Connecticut(region), this has risen in the last 6 months. In the first month sample January the average price is $1,742. In February the price remains at $1,710. The average price for the following two months (March, April) rose from $1,726 to $1,821.5. During the last two months the price has had a considerable rise of 126 % with respect to the previous four months going from $1,773.75 a $2,234.
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 42 % cheaper than the average price in Connecticut followed by those with 2 with an average price of $2,044. The most expensive properties have 4 bedrooms. They are 254 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,786.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $1.83 / sq.feet being $2.1 / sq.feet the average for Connecticut. The properties with the highest average price are those with 4 bedrooms. These are 53 % more expensive than the average followed by those with 1 bedroom with a price of $2.02 / sq.feet.
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $2,411 it is 59 % cheaper than the average in Connecticut. This is followed by "Detached House" with a cost of $1,534. The most expensive property type is "Condo" and is 64 % more costly than the average, followed by "Apartment" with a cost of $1,967.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $1.21 / sq.feet, followed by "House" with a price of $1.93 / sq.feet. "Detached House" with an average price of $45 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $2.11 / sq.feet.