The rent prices in real estate in Lake Ariel, in the Pennsylvania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Lake Ariel has risen during the last 6 months. In October, the average price per sq.feet was $1.11. In the following month the price per sq.feet rose considerably to $1.38. In the following two months the price per sq.feet has practically remained the same, going from $1.25 to $1.22 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.23 to $1.22 during February y March
When referring to the price in Lake Ariel (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,997. During November the price went through a considerable rise reaching $2,809. In the following two months the average price has hardly changed with regard to the previous two months from $2,403 to $2,383. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $2,393 to $2,084 in February and March.
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 $1,907 they are 59 % more affordable than the average price for Lake Ariel . The properties with the lowest average price have 2 bedrooms, Their price is 48 % more affordable than the average. After that we have properties with 1 bedroom priced at $783.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.58 / sq.feet, with an average $1.24 / sq.feet price in Lake Ariel. The properties with the most expensive average prices have 2 bedrooms. They are 1513 % more expensive than the average followed by properties with 1 bedroom with a price at $1.58 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,907 it is 49 % more affordable than the average price in Lake Ariel. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $985 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $15 / sq.feet followed by "House" priced at $20 / sq.feet. "House" is the most expensive type of property with a $20 / sq.feet value followed by "Land" with an average price of $15 / sq.feet.