The rent prices in real estate in Glenmont, 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 Glenmont has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.55. In December this price barely changed remaining at $1.57 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.56 to $1.56 per sq.feet. The price per sq.feet has had a considerable fall of 53 % 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 $1.56 to $0.82 during March, and April.
When referring to the price in Glenmont (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $2,435. In December This price remains at $2,346. In the following two months the average price has hardly changed with regard to the previous two months from $2,390.5 to $2,391. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $2,390.75 to $2,047 in March and April.
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 $1,905 they are 43 % more affordable than the average price for Glenmont . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,934.
According to average price per property type in Glenmont, "" priced at $1,439 is 24 % lower than the average price ($1,905) in this city.