Property prices for rent in Great Neck (New York)
The rent prices in real estate in Great Neck, in the New York region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Great Neck has risen during the last 6 months. In October, the average price per sq.feet was $2.97. In the following month the price per sq.feet rose to $3.21. In the following two months the price per sq.feet has risen 106 %, going from $3.09 to $3.27 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 $3.18 to $2.94 during February, and March.
When referring to the price in Great Neck (cities), this has risen considerably in the last 6 months. The rent price in October is $7,513, rising in November till $8,219. During the following two months (December, January) the average price had a considerable rise of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % 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 $9,493 they are 59 % more affordable than the average price for Great Neck . The properties with the lowest average price have 4 bedrooms, Their price is 35 % more affordable than the average. After that we have properties with 3 bedrooms priced at $5,388.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.84 / sq.feet price in Great Neck. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $9,493 it is 60 % more affordable than the average price in Great Neck. "" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $4,678 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $3 / sq.feet. "Townhouse" is the most expensive type of property with a $200 / sq.feet value followed by "House" with an average price of $3 / sq.feet.
