The rent prices in real estate in Latham, 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.
The price per sq.feet in Latham has fallen during the last 6 months. In October, the average price per sq.feet was $1.94. In the following month the price per sq.feet fell to $1.79. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.8 to $1.69 during February, and March.
When referring to the price in Latham (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,015. In November This price remains at $2,024. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,967 to $1,761 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 $1,625 they are 25 % more affordable than the average price for Latham . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,072.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.82 / sq.feet, with an average $1.8 / sq.feet price in Latham. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.82 / sq.feet.
According to average price per property type in Latham, "" priced at $2,104 is 29 % more expensive than the average price ($1,625) in this city.