The rent prices in real estate in Middle Island, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Middle Island has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.24. In the following month the price per sq.feet rose to $3.43. The price for the following two months in (December, January) had a considerable fall of 55 with regard to the previous two months. The price per sq.feet has had a considerable rise of 36867 % 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 $2.58 to $952.09 during February, and March.
When referring to the price in Middle Island (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,443, rising in November till $2,685. During the following two months (December, January) the average price fell 86 % 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 increased 110 % during the last two months.
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 $2,822 they are 35 % more affordable than the average price for Middle Island . The properties with the lowest average price have 2 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,944.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % more affordable than the average price of ($3.02 / sq.feet) in Middle Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % more affordable than the average value aforementioned.
According to average price per property type in Middle Island, "" priced at $1,838 is 35 % lower than the average price ($2,822) in this city.