Property prices for rent in Freeport (New York)
The rent prices in real estate in Freeport, 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.
The price per sq.feet in Freeport has had a strong fall during the last 6 months. In October, the average price per sq.feet was $7.67. In the following month the price per sq.feet rose to $8.18. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $6.35 to $5.56 during February, and March.
When referring to the price in Freeport (cities), this has fallen considerably in the last 6 months. The rent price in October is $6,745, rising in November till $7,128. During the following two months (December, January) the average price had a considerable fall of 55 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $5,364.25 to $4,871.5 in February and March.
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 $5,189 they are 50 % more affordable than the average price for Freeport . The properties with the highest average price have 3 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 4 bedrooms priced at $6,043.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.21 / sq.feet, with an average $5.57 / sq.feet price in Freeport. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at $6.67 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,189 it is 58 % more affordable than the average price in Freeport. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,875 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 $4.05 / sq.feet followed by "House" priced at $5.93 / sq.feet. "House" is the most expensive type of property with a $5.93 / sq.feet value followed by "Condo" with an average price of $4.05 / sq.feet.
