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 April, the average price per sq.feet was $2.2. In the following month the price per sq.feet rose considerably to $2.91. In the following two months the price per sq.feet has risen 113 %, going from $2.56 to $2.89 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.72 to $2.79 during August y September
When referring to the price in Middle Island (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is $2,916. In May This price remains at $2,944. During the following two months (June, July) the average price had a considerable fall of 80 % 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 93 %, going from $2,634.25 to $2,457.5 in August and September.
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 $2,457 they are 25 % more affordable than the average price for Middle Island . The properties with the highest average price have 2 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,931.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.76 / sq.feet, with an average $2.81 / sq.feet price in Middle Island. The properties with the most expensive average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $2.76 / sq.feet.
According to average price per property type in Middle Island, "" priced at $1,840 is 25 % lower than the average price ($2,457) in this city.