The rent prices in real estate in Millerton, 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 Millerton has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.89. In the following month the price per sq.feet rose to $2.01. The price for the following two months in (January, February) had a considerable rise of 1681 %. The price per sq.feet has had a considerable rise of 154 % 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 $17.37 to $26.69 during March, and April.
When referring to the price in Millerton (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,462. During December the price had a slight fall till $2,246. In the following two months the average price has hardly changed with regard to the previous two months from $2,354 to $2,389. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $3,023 they are 30 % more affordable than the average price for Millerton . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 13 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 50 % more affordable than the average price of ($1 / sq.feet) in Millerton. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 50 % more affordable than the average value aforementioned.