The rent prices in real estate in Kew Gardens, 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 Kew Gardens has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.61. In December this price barely changed remaining at $2.56 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 653 %. The price per sq.feet has had a considerable rise of 366 % 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 $9.73 to $35.62 during March, and April.
When referring to the price in Kew Gardens (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,217. In December This price remains at $2,188. During the following two months (January, February) the price has had an average rise from $2,202.5 to $2,368. 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 $2,285.25 and $2,211 between 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 $2,269 they are 16 % more affordable than the average price for Kew Gardens . The properties with the highest average price have 3 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,833.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.87 / sq.feet, with an average $24.53 / sq.feet price in Kew Gardens. The properties with the most expensive average prices have 2 bedrooms. They are 206 % more expensive than the average followed by properties with 1 bedroom with a price at $2.87 / sq.feet.
According to average price per property type in Kew Gardens, "" priced at $2,133 is 6 % lower than the average price ($2,269) in this city.