The rent prices in real estate in Glenolden, in the Pennsylvania 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 Glenolden has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.93. In November this price barely changed remaining at $1.88 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $1.72 to $1.44 during February, and March.
When referring to the price in Glenolden (cities), this has fallen in the last 6 months. The average price for October is $1,472. During November the price had a slight fall till $1,320. In the following two months the average price has hardly changed with regard to the previous two months from $1,396 to $1,341.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,368.75 and $1,424 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,525 they are 28 % more affordable than the average price for Glenolden . The properties with the highest average price have 3 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,464.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.21 / sq.feet, with an average $1.62 / sq.feet price in Glenolden. The properties with the most expensive average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.69 / sq.feet.
According to average price per property type in Glenolden, "" priced at $1,098 is 28 % lower than the average price ($1,525) in this city.