Property prices for rent in New York (New York)
The rent prices in real estate in New York, in the New York region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in New York has barely changed in the last 6 months. In October, the average price per sq.feet was $7.25. In November this price barely changed remaining at $6.94 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $7.09 to $7.62 per sq.feet. The price per sq.feet has fallen 91 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $7.36 to $6.72 during February, and March.
When referring to the price in New York (cities), there have hardly been any changes in the last 6 months. The rent price in October is $6,855, rising in November till $7,581. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $7,586 they are 41 % more affordable than the average price for New York . The properties with the highest average price have 4 bedrooms, Their price is 139 % more expensive than the average. After that we have properties with 3 bedrooms priced at $12,097.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $6.37 / sq.feet, with an average $6.69 / sq.feet price in New York. The properties with the most expensive average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $7.16 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $7,586 it is 18 % more affordable than the average price in New York. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $14,116 it is 107 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $6.13 / sq.feet followed by "Condo" priced at $6.54 / sq.feet. "Apartment" is the most expensive type of property with a $6.99 / sq.feet value followed by "House" with an average price of $6.97 / sq.feet.
