The rent prices in real estate in Bronx, 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 Bronx has risen strongly during the last 6 months. In January, the average price per sq.feet was $2.75. In the following month the price per sq.feet fell to $2.52. The price for the following two months in (March, April) had a considerable rise of 832 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $12.28 to $12.04 during May y June
When referring to the price in Bronx (cities), this has fallen in the last 6 months. The average price for January is $2,607. During February the price had a slight fall till $2,416. During the following two months (March, April) the average price fell 91 % 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 $2,399 and $2,320.5 between May and June.
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 $2,316 they are 17 % more affordable than the average price for Bronx . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,586.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.69 / sq.feet, with an average $7.15 / sq.feet price in Bronx. The properties with the most expensive average prices have 4 bedrooms. They are 164 % more expensive than the average followed by properties with 3 bedrooms with a price at $14.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $2,316 it is 14 % more affordable than the average price in Bronx. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $2,461 it is 13 % 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 $2 / sq.feet followed by "Apartment" priced at $2.57 / sq.feet. "House" is the most expensive type of property with a $31.83 / sq.feet value followed by "Duplex" with an average price of $10 / sq.feet.