The rent prices in real estate in Malvern, in the Pennsylvania 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 Malvern has fallen during the last 6 months. In October, the average price per sq.feet was $2.43. In November this price barely changed remaining at $2.31 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.37 to $2.3 per sq.feet. 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 $2.33 to $2.19 during February, and March.
When referring to the price in Malvern (cities), this has fallen in the last 6 months. The average price for October is $2,460. During November the price had a slight fall till $2,286. In the following two months the average price has hardly changed with regard to the previous two months from $2,373 to $2,342. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $2,357.5 to $2,157 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 $2,060 they are 13 % more affordable than the average price for Malvern . The properties with the highest average price have 4 bedrooms, Their price is 103 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,759.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.32 / sq.feet, with an average $2.13 / sq.feet price in Malvern. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.14 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,060 it is 2 % more affordable than the average price in Malvern. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $3,391 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.48 / sq.feet followed by "Apartment" priced at $2.19 / sq.feet. "Apartment" is the most expensive type of property with a $2.19 / sq.feet value followed by "House" with an average price of $1.48 / sq.feet.