The rent prices in real estate in East Elmhurst, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in East Elmhurst has fallen during the last 6 months. In September, the average price per sq.feet was $3.14. In the following month the price per sq.feet fell to $2.85. In the following two months the price per sq.feet has practically remained the same, going from $2.99 to $2.88 per sq.feet. The price per sq.feet has fallen 93 % 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 $2.93 to $2.73 during January, and February.
When referring to the price in East Elmhurst (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,825. In October This price remains at $2,783. In the following two months the average price has hardly changed with regard to the previous two months from $2,804 to $2,690. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $3,004 they are 27 % more affordable than the average price for East Elmhurst . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,485.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % more expensive than the average price of ($2.81 / sq.feet) in East Elmhurst. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % more expensive than the average value aforementioned.
According to average price per property type in East Elmhurst, "" priced at $2,358 is 22 % lower than the average price ($3,004) in this city.