The average rent price in the Washington region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Washington has fallen in the last 6 months. During September, the average price per sq.feet was $2.48. The following month the price fell to $2.18 per sq.feet. The price per sq.feet for the following two months barely changed going from $2.33 to $2.29 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 $2.31 to $2.26 during January and February.
When referring to the price in Washington(region), there have hardly been any changes in the last 6 months. In the first month sample September the average price is $2,131. In October the price remains at $2,032. In the following two months the average price practically remained the same compared to the previous two going from $2,081.5 to $2,088. During the last two months the price has gone down 94 % compared to the previous average values going from $2,084.75 a $1,966.5 in January y February.
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 10 % cheaper than the average price in Washington followed by those with 2 with an average price of $1,956. The most expensive properties have 4 bedrooms. They are 80 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,433.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.58 / sq.feet being $2.33 / sq.feet the average for Washington. The properties with the highest average price are those with 1 bedroom. These are 15 % more expensive than the average followed by those with 2 bedrooms with a price of $1.96 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,934 it is 11 % cheaper than the average in Washington. This is followed by "Condo" with a cost of $2,034. The most expensive property type is "Apartment" and is 51 % more costly than the average, followed by "Commercial" with a cost of $2,601.
Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1.76 / sq.feet, followed by "Land" with a price of $1.8 / sq.feet. "House" with an average price of $2.58 / sq.feet is the most expensive type of property followed by "Commercial" at a price of $2.56 / sq.feet.