The average rent price in the Delaware region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Delaware has risen in the last 6 months. During October, the average price per sq.feet was $1.36. The following month (November) the price rose to $1.48 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.42 to $1.36 per sq.feet. In the last two months, the price per sq.feet has had a significant rise of 116 %. This has been obtained by comparing the price of $1.39 for the first four months of the sample with regard to the previous 4 months and the price of $1.62 per sq.feet for the last two months (February, March).
When referring to the price in Delaware(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $1,420. In November the price remains at $1,424. The average price for the following two months (December, January) fell 94 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,382.75 to $1,387.5 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 5 % cheaper than the average price in Delaware followed by those with 2 with an average price of $1,589. The most expensive properties have 4 bedrooms. They are 53 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,826.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.23 / sq.feet being $1.62 / sq.feet the average for Delaware. The properties with the highest average price are those with 1 bedroom. These are 57 % more expensive than the average followed by those with 2 bedrooms with a price of $1.72 / sq.feet.
The graph displaying the average rent price according to the property type shows "Farm" as the most affordable one. With an average cost of $1,428 it is 29 % cheaper than the average in Delaware. This is followed by "Apartment" with a cost of $1,401. The most expensive property type is "Commercial" and is 50 % more costly than the average, followed by "Condo" with a cost of $1,496.
Based upon the average cost per sq.feet the most affordable property type is "Farm with a an average price of $0.85 / sq.feet, followed by "Townhouse" with a price of $0.98 / sq.feet. "Commercial" with an average price of $5.32 / sq.feet is the most expensive type of property followed by "House" at a price of $1.57 / sq.feet.