The average rent price in the Massachusetts 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 Massachusetts has risen in the last 6 months. During January, the average price per sq.feet was $2.86. The following month (February) the price rose to $3.2 per sq.feet. The following two months (March, April) went through a rise of 105 % in the rent price per sq.feet rising from $3.03 to $3.19 per sq.feet. 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 $3.11 to $2.97 during May and June.
When referring to the price in Massachusetts(region), there have hardly been any changes in the last 6 months. In the first month sample January the average price is $2,465. In February the price remains at $2,503. In the following two months the average price practically remained the same compared to the previous two going from $2,484 to $2,545.5. During the last two months the average price has not gone through any changes and has gone from $2,514.75 to $2,638.5 during May and June.
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 12 % cheaper than the average price in Massachusetts followed by those with 2 with an average price of $2,861. The most expensive properties have 4 bedrooms. They are 44 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,102.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $2.56 / sq.feet being $3.03 / sq.feet the average for Massachusetts. The properties with the highest average price are those with 1 bedroom. These are 11 % more expensive than the average followed by those with 2 bedrooms with a price of $2.86 / 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 $2,672 it is 24 % cheaper than the average in Massachusetts. This is followed by "Condo" with a cost of $2,553. The most expensive property type is "Townhouse" and is 23 % more costly than the average, followed by "Apartment" with a cost of $3,127.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $2.67 / sq.feet, followed by "House" with a price of $3.1 / sq.feet. "Townhouse" with an average price of $3.65 / sq.feet is the most expensive type of property followed by "Condo" at a price of $3.2 / sq.feet.