Property prices for rent in Pennsylvania region
The average rent price in the Pennsylvania 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 Pennsylvania has fallen in the last 6 months. During October, the average price per sq.feet was $1.97. The following month the price fell to $1.87 per sq.feet. The following two months (December, January) went through a fall of 93 % in the rent price per sq.feet with regard to the previous two. 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 $1.86 to $1.86 during February and March.
When referring to the price in Pennsylvania (region), this has fallen in the last 6 months. In the first month sample October the average price is $1,879. In November the price remains at $1,834. The average price for the following two months (December, January) fell 93 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $1,794.5 to $1,733 during February and March.
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 9 % cheaper than the average price in Pennsylvania followed by those with 2 with an average price of $1,811. The most expensive properties have 4 bedrooms. They are 39 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,963.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.42 / sq.feet being $1.88 / sq.feet the average for Pennsylvania. The properties with the highest average price are those with 1 bedroom. These are 20 % more expensive than the average followed by those with 2 bedrooms with a price of $1.78 / 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 $1,693 it is 3 % cheaper than the average in Pennsylvania. This is followed by "Commercial" with a cost of $1,678. The most expensive property type is "Townhouse" and is 29 % more costly than the average, followed by "Land" with a cost of $1,812.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.34 / sq.feet, followed by "Apartment" with a price of $1.58 / sq.feet. "Townhouse" with an average price of $2.2 / sq.feet is the most expensive type of property followed by "House" at a price of $2.05 / sq.feet.
