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.

$3,029.83
Average price last 6 months
$4.03
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Jackson Heights has had a strong fall during the last 6 months. In November, the average price per sq.feet was $5.98. In the following month the price per sq.feet fell considerably to $3.47. The price for the following two months in (January, February) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $4.14 to $3.81 during March, and April.

Average price

When referring to the price in Jackson Heights (cities), this has fallen considerably in the last 6 months. The average price for November is $5,856. During December the price had a considerable fall till $2,428. During the following two months (January, February) the average price had a considerable fall of 57 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,260 to $2,569.5, which means a 79 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $2,502 they are 23 % more expensive than the average price for Jackson Heights. Following this ranking we find those properties with 1 at an average price of $3,403. The properties with the highest average price have 4 bedrooms, Their price is 238 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,061.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.54 / sq.feet, with an average $3.67 / sq.feet price in Jackson Heights. The properties with the most expensive average prices have 3 bedrooms. They are 63 % more expensive than the average followed by properties with 1 bedroom with a price at $4.41 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,502 it is 20 % more affordable than the average price in Jackson Heights. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,728 it is 149 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $4 / sq.feet followed by "House" priced at $6 / sq.feet. "House" is the most expensive type of property with a $6 / sq.feet value followed by "Condo" with an average price of $4 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Jackson Heights
Number of properties used in region New York
$2,502
$3.67
270
320,998
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value