Property prices for rent in Massachusetts region
The average rent price in the Massachusetts region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Massachusetts has barely changed in the last 6 months. During April, the average price per sq.feet was $3.45. In May the price barely changed remaining at $3.55 per sq.feet. The price per sq.feet for the following two months barely changed going from $3.5 to $3.59 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 $3.55 to $3.41 during August and September.
When referring to the price in Massachusetts(region), there have hardly been any changes in the last 6 months. In the first month sample April the average price is $3,291. In May the price remains at $3,418. In the following two months the average price practically remained the same compared to the previous two going from $3,354.5 to $3,410.5. During the last two months the average price has not gone through any changes and has gone from $3,382.5 to $3,252 during August and September.
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 13 % cheaper than the average price in Massachusetts followed by those with 2 with an average price of $3,315. The most expensive properties have 4 bedrooms. They are 37 % more expensive than the average followed by those properties with 3 bedrooms priced at $4,039.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $2.49 / sq.feet being $3.5 / sq.feet the average for Massachusetts. The properties with the highest average price are those with 1 bedroom. These are 14 % more expensive than the average followed by those with 2 bedrooms with a price of $3.15 / sq.feet.
The graph displaying the average rent price according to the property type shows "Apartment" as the most affordable one. With an average cost of $3,299 it is 3 % cheaper than the average in Massachusetts. This is followed by "Condo" with a cost of $3,303. The most expensive property type is "Land" and is 30 % more costly than the average, followed by "Detached House" with a cost of $3,939.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $2.32 / sq.feet, followed by "Detached House" with a price of $2.69 / sq.feet. "House" with an average price of $3.75 / sq.feet is the most expensive type of property followed by "Condo" at a price of $3.73 / sq.feet.
