The rent prices in real estate in Jackson Heights, 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 Jackson Heights has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.81. In the following month the price per sq.feet fell considerably to $3.15. The price for the following two months in (January, February) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 250 % 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 $3.27 to $8.19 during March, and April.
When referring to the price in Jackson Heights (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,866. During December the price had a slight fall till $1,750. In the following two months the average price has hardly changed with regard to the previous two months from $1,808 to $1,774. 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 $1,791 and $1,857 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,872 they are 17 % more affordable than the average price for Jackson Heights . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,057.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $13.83 / sq.feet price in Jackson Heights. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,872 it is 10 % more expensive than the average price in Jackson Heights. "Duplex" is seen as the second most expensive property type. The most expensive property type is "Duplex" followed by "". At a price of $2,057 it is 12 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Duplex with an average cost of $1 / sq.feet. "Duplex" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.