Property prices for rent in Maryland region

The average rent price in the Maryland region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.

$1,737.5
Average price last 6 months
$2.37
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Maryland has barely changed in the last 6 months. During April, the average price per sq.feet was $2.29. The following month (May) the price had a considerable fall reaching $1.89 per sq.feet. In the following two months (June, July) the rent price per sq.feet has increased notably to a 157 %. In the last two months, the price per sq.feet has had a significant fall of 65 %. This has been obtained by comparing the price of $2.69 for the first four months of the sample with regard to the previous 4 months and the price of $1.75 per sq.feet for the last two months (August, September).

Average price

When referring to the price in Maryland(region), there have hardly been any changes in the last 6 months. April has an average price of $1,777. During Maythe price had a slight fall till $1,630. In the following two months the average price practically remained the same compared to the previous two going from $1,703.5 to $1,777.5. During the last two months the average price has not gone through any changes and has gone from $1,740.5 to $1,731.5 during August and September.

Average price per bedrooms

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 6 % cheaper than the average price in Maryland followed by those with 2 with an average price of $1,750. The most expensive properties have 4 bedrooms. They are 44 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,883.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.21 / sq.feet being $1.67 / sq.feet the average for Maryland. The properties with the highest average price are those with 1 bedroom. These are 37 % more expensive than the average followed by those with 2 bedrooms with a price of $1.65 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Office" as the most affordable one. With an average cost of $1,726 it is 32 % cheaper than the average in Maryland. This is followed by "Townhouse" with a cost of $1,566. The most expensive property type is "Commercial" and is 18 % more costly than the average, followed by "Condo" with a cost of $1,973.

Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.95 / sq.feet, followed by "Office" with a price of $1.41 / sq.feet. "Townhouse" with an average price of $15.86 / sq.feet is the most expensive type of property followed by "House" at a price of $1.84 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in region Maryland
$1,726
$1.67
97,256
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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