The rent prices in real estate in Greensburg, in the Pennsylvania region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Greensburg has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.19. In the following month the price per sq.feet rose considerably to $9.44. The price for the following two months in (December, January) had a considerable rise of 213 %. The price per sq.feet has had a considerable rise of 262 % 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 $8.31 to $21.76 during February, and March.
When referring to the price in Greensburg (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $1,239. During November the price went through a considerable rise reaching $2,047. During the following two months (December, January) the average price had a considerable fall of 74 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,431.25 to $781.5, which means a 55 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $863 they are 9 % more affordable than the average price for Greensburg . The properties with the highest average price have 4 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 3 bedrooms priced at $824.
With regard to the average prices per sq.feet those properties with 1 bedroom are 58 % more affordable than the average price of ($8 / sq.feet) in Greensburg. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 58 % more affordable than the average value aforementioned.
According to average price per property type in Greensburg, "" priced at $727 is 16 % lower than the average price ($863) in this city.