The rent prices in real estate in Astoria, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Astoria has risen strongly during the last 6 months. In September, the average price per sq.feet was $6.14. In the following month the price per sq.feet fell considerably to $4.93. In the following two months the price per sq.feet has practically remained the same, going from $5.53 to $5.51 per sq.feet. The price per sq.feet has had a considerable rise of 196 % 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 $5.52 to $10.83 during January, and February.
When referring to the price in Astoria (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,438. In October This price remains at $2,516. In the following two months the average price has hardly changed with regard to the previous two months from $2,477 to $2,502.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,489.75 to $2,314 in January and February.
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 $2,277 they are 10 % more affordable than the average price for Astoria . The properties with the highest average price have 4 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,901.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.24 / sq.feet, with an average $15.43 / sq.feet price in Astoria. The properties with the most expensive average prices have 2 bedrooms. They are 0 % more expensive than the average followed by properties with 1 bedroom with a price at $14.78 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,277 it is 1 % more affordable than the average price in Astoria. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $3,018 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $3.77 / sq.feet followed by "Apartment" priced at $13.89 / sq.feet. "Townhouse" is the most expensive type of property with a $87 / sq.feet value followed by "House" with an average price of $14.66 / sq.feet.