The average rent price in the Washington 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 Washington has risen in the last 6 months. During November, the average price per sq.feet was $1.85. The following month the price fell to $1.73 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.79 to $1.79 per sq.feet. In the last two months, the price per sq.feet has had a significant rise of 137 %. This has been obtained by comparing the price of $1.79 for the first four months of the sample with regard to the previous 4 months and the price of $2.46 per sq.feet for the last two months (March, April).
When referring to the price in Washington(region), this has risen in the last 6 months. In the first month sample November the average price is $1,737. In December the price remains at $1,675. The average price for the following two months (January, February) rose from $1,706 to $1,801.5. During the last two months the price has gone up 111 % compared to the previous average values going from $1,753.75 a $1,945.5 in March y April.
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 3 % cheaper than the average price in Washington followed by those with 2 with an average price of $1,909. The most expensive properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,039.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.22 / sq.feet being $2.46 / sq.feet the average for Washington. The properties with the highest average price are those with 1 bedroom. These are 9 % more expensive than the average followed by those with 2 bedrooms with a price of $1.97 / 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 $1,894 it is 4 % cheaper than the average in Washington. This is followed by "Commercial" with a cost of $1,847. The most expensive property type is "" and is 73 % more costly than the average, followed by "Townhouse" with a cost of $2,893.
Based upon the average cost per sq.feet the most affordable property type is "Condo with a an average price of $1.52 / sq.feet, followed by "House" with a price of $2.49 / sq.feet. "Townhouse" with an average price of $15.91 / sq.feet is the most expensive type of property followed by "Commercial" at a price of $2.69 / sq.feet.