Property prices for rent in Monaca (Pennsylvania)
The rent prices in real estate in Monaca, in the Pennsylvania region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Monaca has had a strong fall during the last 6 months. In December, the average price per sq.feet was $39. In the following month the price per sq.feet rose considerably to $76. The price for the following two months in (February, March) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable fall of 4 % 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 $29.36 to $1.25 during April, and May.
When referring to the price in Monaca (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $632. During January the price went through a considerable rise reaching $1,181. During the following two months (February, March) the average price had a considerable rise of 233 % 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 had a strong increase of 134 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 42 % more affordable than the average price of $1,145 in Monaca. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 42 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4654 % more expensive than the average price of ($58 / sq.feet) in Monaca. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4654 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial Property" as the most affordable one. At an cost of $1,990 it is 57 % more affordable than the average price in Monaca. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Commercial Property". At a price of $846 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial Property" at an average price of $2 / sq.feet followed by "House" priced at $58 / sq.feet. "House" is the most expensive type of property with a $58 / sq.feet value followed by "Commercial Property" with an average price of $2 / sq.feet.
