Property prices for rent in Elmhurst (New York)

The rent prices in real estate in Elmhurst, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,301.33
Average price last 6 months
$46.88
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elmhurst has had a strong fall during the last 6 months. In March, the average price per sq.feet was $103.2. In April this price barely changed remaining at $106.86 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 20 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % 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 $63.14 to $14.35 during July, and August.

Average price

When referring to the price in Elmhurst (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $2,154. In April This price remains at $2,143. During the following two months (May, June) the price has had an average rise from $2,148.5 to $2,269. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.

Average price per bedrooms

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 $2,495 they are 33 % more affordable than the average price for Elmhurst . The properties with the highest average price have 3 bedrooms, Their price is 7 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,517.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.12 / sq.feet, with an average $2.78 / sq.feet price in Elmhurst. The properties with the most expensive average prices have 4 bedrooms. They are 4145 % more expensive than the average followed by properties with 3 bedrooms with a price at $17.34 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,495 it is 13 % more affordable than the average price in Elmhurst. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Commercial". At a price of $2,200 it is 9 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Land" priced at $19 / sq.feet. "Condo" is the most expensive type of property with a $137 / sq.feet value followed by "Commercial" with an average price of $24 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Elmhurst
Number of properties used in region New York
$2,495
$2.78
308
169,334
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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 17
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