The average rent price in the Delaware 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 Delaware has risen considerably in the last 6 months. During March, the average price per sq.feet was $1.62. The following month (April) the price rose to $1.79 per sq.feet. In the following two months (May, June) the rent price per sq.feet has increased notably to a 124 %. In the last two months, the price per sq.feet has risen 114 %. This has been obtained by comparing the price $1.91 for the first four months of the sample with regard to the previous 4 months and the price $2.17 per sq.feet for the last two months (July, August).
When referring to the price in Delaware(region), there have hardly been any changes in the last 6 months. In the first month sample March the average price is $1,428. In April the price remains at $1,426. In the following two months the average price practically remained the same compared to the previous two going from $1,427 to $1,438.5. During the last two months the price has gone up 106 % compared to the previous average values going from $1,432.75 a $1,520.5 in July y August.
The graph displaying the the average rent price per number of bedrooms shows that those with 2 bedrooms are the most affordable ones. They are 1 % cheaper than the average price in Delaware followed by those with 1 with an average price of $1,435. The most expensive properties have 4 bedrooms. They are 43 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,717.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.05 / 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 112 % more expensive than the average followed by those with 2 bedrooms with a price of $1.36 / 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 $1,426 it is 27 % cheaper than the average in Delaware. This is followed by "Condo" with a cost of $1,247. The most expensive property type is "Land" and is 7 % more costly than the average, followed by "House" with a cost of $1,343.
Based upon the average cost per sq.feet the most affordable property type is "Farm with a an average price of $1 / sq.feet, followed by "Condo" with a price of $1.35 / sq.feet. "House" with an average price of $1.41 / sq.feet is the most affordable type of property followed by "Land" at a price of $1.38 / sq.feet.