Property prices for rent in Lake Grove (New York)

The rent prices in real estate in Lake Grove, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Lake Grove has fallen during the last 6 months. In December, the average price per sq.feet was $3.03. In January this price barely changed remaining at $2.97 per sq.feet. The price for the following two months in (February, March) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $2.9 to $2.57 during April, and May.

Average price

When referring to the price in Lake Grove (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $2,199. In January This price remains at $2,221. During the following two months (February, March) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,482 they are 31 % more affordable than the average price for Lake Grove . The properties with the highest average price have 2 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,199.

Price per property type

According to average price per property type in Lake Grove, "" priced at $1,723 is 31 % lower than the average price ($2,482) in this city.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Lake Grove
Number of properties used in region New York
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value