The rent prices in real estate in Bensalem, 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 Bensalem has had a strong fall during the last 6 months. In June, the average price per sq.feet was $3.78. In the following month the price per sq.feet rose considerably to $5.58. The price for the following two months in (August, September) had a considerable fall of 31 with regard to the previous two months. The price per sq.feet has had a considerable fall of 47 % 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 $3.07 to $1.44 during October, and November.
When referring to the price in Bensalem (cities), this has fallen in the last 6 months. The average price for June is $1,339. During July the price had a considerable fall till $1,130. In the following two months the average price has hardly changed with regard to the previous two months from $1,234.5 to $1,245.5. 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 $1,240 and $1,222.5 between October and November.
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 $1,215 they are 9 % more affordable than the average price for Bensalem . The properties with the highest average price have 4 bedrooms, Their price is 146 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,845.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.45 / sq.feet price in Bensalem. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.47 / sq.feet.
According to average price per property type in Bensalem, "" priced at $1,233 is 1 % more expensive than the average price ($1,215) in this city.