Property prices for rent in Hermitage (Pennsylvania)

The rent prices in real estate in Hermitage, 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.

$980.5
Average price last 6 months
$0.93
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hermitage has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.08. In November this price barely changed remaining at $1.04 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 fallen 90 % 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 $0.96 to $0.86 during February, and March.

Average price

When referring to the price in Hermitage (cities), this has fallen considerably in the last 6 months. The average price for October is $1,171. During November the price had a slight fall till $1,085. During the following two months (December, January) the average price had a considerable fall of 75 % with regard to the previous two months. 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 $985.25 and $971 between February and March.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $932 they are 2 % more expensive than the average price for Hermitage. Following this ranking we find those properties with 2 at an average price of $1,044. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 30 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 25 % more expensive than the average price of ($1.01 / sq.feet) in Hermitage. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more expensive than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Hermitage
Number of properties used in region Pennsylvania
$932
$0.81
206
366,878
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value