The rent prices in real estate in Ilion, 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 Ilion has risen strongly during the last 6 months. In August, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $16. In the following two months the price per sq.feet has practically remained the same, going from $8.49 to $8.56 per sq.feet. The price per sq.feet has had a considerable fall of 14 % 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 $8.53 to $1.18 during December, and January.
When referring to the price in Ilion (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $888. During September the price went through a considerable rise reaching $1,190. In the following two months the average price has hardly changed with regard to the previous two months from $1,039 to $1,062.5. 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 $1,050.75 and $1,008.5 between December and January.
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 $1,082 they are 23 % more affordable than the average price for Ilion . The properties with the highest average price have 2 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 1 bedroom priced at $832.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % more affordable than the average price of ($1 / sq.feet) in Ilion. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more affordable than the average value aforementioned.
According to average price per property type in Ilion, "" priced at $1,216 is 12 % more expensive than the average price ($1,082) in this city.