Property prices for rent in Jackson Heights (New York)
The rent prices in real estate in Jackson Heights, in the New York 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 Jackson Heights has had a strong fall during the last 6 months. In September, the average price per sq.feet was $33.04. In the following month the price per sq.feet fell considerably to $2.85. The price for the following two months in (November, December) had a considerable fall of 15 with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % 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 $10.31 to $3.14 during January, and February.
When referring to the price in Jackson Heights (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,358. In October This price remains at $2,269. In the following two months the average price has hardly changed with regard to the previous two months from $2,313.5 to $2,203.5. 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 $2,258.5 and $2,339.5 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,406 they are 16 % more affordable than the average price for Jackson Heights . The properties with the highest average price have 2 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,073.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.02 / sq.feet, with an average $3.34 / sq.feet price in Jackson Heights. The properties with the most expensive average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $3.02 / sq.feet.
According to average price per property type in Jackson Heights, "" priced at $2,000 is 17 % lower than the average price ($2,406) in this city.
