The average rent price in the Vermont region has had a strong fall in recent months. There has been a strong fall in the rent prices in this region.
The price per sq.feet in Vermont has fallen considerably in the last 6 months. During July, the average price per sq.feet was $4.41. The following month the price fell to $4.02 per sq.feet. The following two months (September, October) went through a considerable fall of 52 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 68 %. This has been obtained by comparing the price of $3.2 for the first four months of the sample with regard to the previous 4 months and the price of $2.19 per sq.feet for the last two months (November, December).
When referring to the price in Vermont(region), there have hardly been any changes in the last 6 months. In the first month sample July the average price is $1,758. In August the price remains at $1,696. The average price for the following two months (September, October) rose from $1,727 to $1,830. During the last two months the average price has not gone through any changes and has gone from $1,778.5 to $1,866 during November and December.
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 24 % cheaper than the average price in Vermont followed by those with 2 with an average price of $1,860. The most expensive properties have 4 bedrooms. They are 29 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,246.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.18 / sq.feet being $2.48 / sq.feet the average for Vermont. The properties with the lowest average price are those with 1 bedroom. These are 5 % more affordable 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 "" as the most affordable one. With an average cost of $1,948 it is 23 % cheaper than the average in Vermont. This is followed by "House" with a cost of $1,511. The most affordable property type is "Condo" and is 15 % cheaper than the average, followed by "House" with a cost of $1,511.
Based upon the average cost per sq.feet the most expensive property type is "House with a an average price of $4.22 / sq.feet, followed by "Condo" with a price of $13 / sq.feet. "Condo" with an average price of $13 / sq.feet is the most expensive type of property followed by "House" at a price of $4.22 / sq.feet.