Property prices for rent in Ambridge (Pennsylvania)
The rent prices in real estate in Ambridge, in the Pennsylvania region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Ambridge has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.97. In December this price barely changed remaining at $0.95 per sq.feet. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 50 % 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 $0.9 to $0.45 during March, and April.
When referring to the price in Ambridge (cities), this has fallen considerably in the last 6 months. The average price for November is $1,087. During December the price had a slight fall till $947. During the following two months (January, February) the average price had a considerable fall of 79 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $908 and $940.5 between March and April.
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 $1,072 they are 38 % more affordable than the average price for Ambridge . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 2 % more affordable than the average aforementioned.
