The rent prices in real estate in Hamburg, in the New York 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 Hamburg has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.33. In the following month the price per sq.feet rose to $1.45. The price for the following two months in (January, February) had a considerable rise of 119 %. The price per sq.feet has risen 110 % 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 $1.52 to $1.67 during March, and April.
When referring to the price in Hamburg (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,374. In December This price remains at $1,416. During the following two months (January, February) the average price had a considerable rise of 132 % 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 128 % during the last two months.
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 $2,133 they are 59 % more affordable than the average price for Hamburg . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,270.
According to average price per property type in Hamburg, "" priced at $867 is 59 % lower than the average price ($2,133) in this city.