The rent prices in real estate in Hellertown, 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 Hellertown has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.33. In the following month the price per sq.feet fell to $1.24. The price for the following two months in (May, June) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1.14 to during July, and August.
When referring to the price in Hellertown (cities), this has risen considerably in the last 6 months. The average price for March is $863. During April the price had a slight fall till $750. During the following two months (May, June) the average price had a considerable rise of 223 % 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 149 % 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 $1,878 they are 50 % more affordable than the average price for Hellertown . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $945.
According to average price per property type in Hellertown, "" priced at $1,944 is 4 % more expensive than the average price ($1,878) in this city.