Property prices for rent in Mechanicville (New York)
The rent prices in real estate in Mechanicville, 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 Mechanicville has fallen during the last 6 months. In October, the average price per sq.feet was $1.91. In November this price barely changed remaining at $1.84 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.88 to $1.83 per sq.feet. The price per sq.feet has fallen 93 % 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 $1.85 to $1.73 during February, and March.
When referring to the price in Mechanicville (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $1,586. During November the price went through a considerable rise reaching $1,882. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,650.5 and $1,596 between 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 $1,687 they are 39 % more affordable than the average price for Mechanicville . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,818.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.64 / sq.feet price in Mechanicville. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Mechanicville, "" priced at $1,167 is 31 % lower than the average price ($1,687) in this city.
