The rent prices in real estate in Cheltenham, in the Pennsylvania 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 Cheltenham has risen strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.2. The price for the following two months in (November, December) had a considerable rise of 183 %. The price per sq.feet has had a considerable rise of 941 % 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 $0.85 to $8 during January, and February.
When referring to the price in Cheltenham (cities), this has risen in the last 6 months. The average price during our first sample month during September, is $1,461. During October the price went through a considerable rise reaching $1,871. In the following two months the average price has hardly changed with regard to the previous two months from $1,666 to $1,642. During the last two months the average price has fallen greatly compared to the previous four going from $1,654 to $1,303.5, which means a 79 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 6 % more affordable than the average price of $1,250 in Cheltenham. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
According to average price per property type in Cheltenham, "" priced at $1,250 is 6 % lower than the average price ($1,330) in this city.