The rent prices in real estate in Hershey, 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 Hershey has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.32. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable rise of 172 %. The price per sq.feet has had a considerable rise of 130 % 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 $0.9 to $1.16 during March, and April.
When referring to the price in Hershey (cities), this has fallen in the last 6 months. The average price for November is $2,071. During December the price had a considerable fall till $1,357. During the following two months (January, February) the average price had a considerable rise of 115 % 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 117 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,440 they are 60 % more affordable than the average price for Hershey . The properties with the lowest average price have 2 bedrooms, Their price is 52 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,074.
According to average price per property type in Hershey, "" priced at $986 is 60 % lower than the average price ($2,440) in this city.