The rent prices in real estate in Monsey, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Monsey has fallen during the last 6 months. In March, the average price per sq.feet was $2.48. In April this price barely changed remaining at $2.42 per sq.feet. The price for the following two months in (May, June) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $2.28 to $2 during July, and August.
When referring to the price in Monsey (cities), this has risen in the last 6 months. The average price for March is $3,403. During April the price had a slight fall till $3,220. During the following two months (May, June) the average price had a considerable rise of 119 % 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 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $3,610 they are 49 % more affordable than the average price for Monsey . The properties with the lowest average price have 2 bedrooms, Their price is 19 % more affordable than the average. After that we have properties with 3 bedrooms priced at $2,901.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2 / sq.feet) in Monsey. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Monsey, "" priced at $2,901 is 20 % lower than the average price ($3,610) in this city.