Property prices for rent in Hornell (New York)
The rent prices in real estate in Hornell, 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 Hornell has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.88. In the following month the price per sq.feet rose to $0.97. The price for the following two months in (January, February) had a considerable rise of 127 %. The price per sq.feet has had a considerable fall of 84 % 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 $1.05 to $0.88 during March, and April.
When referring to the price in Hornell (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,185. In December This price remains at $1,201. During the following two months (January, February) the price has had an average rise from $1,193 to $1,300.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,246.75 to $1,144 in March and April.
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 $1,109 they are 3 % more affordable than the average price for Hornell . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 9 % more expensive than the average aforementioned.
