The rent prices in real estate in Mohegan Lake, 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 Mohegan Lake has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.51. In the following month the price per sq.feet rose considerably to $3.03. In the following two months the price per sq.feet has practically remained the same, going from $2.77 to $2.81 per sq.feet. The price per sq.feet has risen 106 % 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 $2.79 to $2.96 during February, and March.
When referring to the price in Mohegan Lake (cities), this has risen in the last 6 months. The rent price in October is $2,650, rising in November till $3,040. In the following two months the average price has hardly changed with regard to the previous two months from $2,845 to $2,828. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $3,308 they are 46 % more affordable than the average price for Mohegan Lake . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,528.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.88 / sq.feet, with an average $2.84 / sq.feet price in Mohegan Lake. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.88 / sq.feet.
According to average price per property type in Mohegan Lake, "" priced at $1,784 is 46 % lower than the average price ($3,308) in this city.