Property prices for rent in Lenox (Massachusetts)
The rent prices in real estate in Lenox, in the Massachusetts region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lenox has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.43. In the following month the price per sq.feet fell considerably to $3.15. The price for the following two months in (December, January) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $3.28 to $3.55 during February, and March.
When referring to the price in Lenox (cities), this has fallen considerably in the last 6 months. The average price for October is $36,207. During November the price had a considerable fall till $12,113. During the following two months (December, January) the average price had a considerable fall of 43 % 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 134 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $32,462 they are 94 % more affordable than the average price for Lenox . The properties with the lowest average price have 3 bedrooms, Their price is 89 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,780.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $4 / sq.feet price in Lenox. The properties with the most affordable average prices have 1 bedroom. They are 25 % more affordable than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
According to average price per property type in Lenox, "" priced at $1,795 is 94 % lower than the average price ($32,462) in this city.
