The rent prices in real estate in Cresco, 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 Cresco has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2.29. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has fallen 92 % 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 $1.77 to $1.64 during February, and March.
When referring to the price in Cresco (cities), this has fallen in the last 6 months. The average price for October is $1,780. During November the price had a considerable fall till $1,156. In the following two months the average price has hardly changed with regard to the previous two months from $1,468 to $1,465.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % during the last two months.
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 $2,280 they are 54 % more affordable than the average price for Cresco . The properties with the lowest average price have 3 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,269.
According to average price per property type in Cresco, "" priced at $1,269 is 44 % lower than the average price ($2,280) in this city.