The rent prices in real estate in Beacon, 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 Beacon has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2.11. The price for the following two months in (July, August) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 189 % 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 $1.14 to $2.16 during September, and October.
When referring to the price in Beacon (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $2,160. During June the price went through a considerable rise reaching $9,167. During the following two months (July, August) the price has had an average rise from $5,663.5 to $5,986.5. During the last two months the average price has fallen greatly compared to the previous four going from $5,825 to $2,020.5, which means a 35 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,052 they are 4 % more affordable than the average price for Beacon . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,322.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.02 / sq.feet, with an average $2.17 / sq.feet price in Beacon. The properties with the most expensive average prices have 2 bedrooms. They are 3 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.18 / sq.feet.
According to average price per property type in Beacon, "" priced at $2,322 is 13 % more expensive than the average price ($2,052) in this city.