Property prices for rent in New Hope (Pennsylvania)

The price per sq.feet in New Hope has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.19. In the following month the price per sq.feet rose considerably to $2.8. In the following two months the price per sq.feet has risen 106 %, going from $2.49 to $2.64 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $2.57 to $3.05 during March, and April.

When referring to the price in New Hope (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $3,802. In December This price remains at $3,825. In the following two months the average price has hardly changed with regard to the previous two months from $3,813.5 to $3,793. During the last two months the average price has fallen greatly compared to the previous four going from $3,803.25 to $3,164.5, which means a 83 % fall.

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 $3,115 they are 16 % more affordable than the average price for New Hope . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,759.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.17 / sq.feet price in New Hope. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.23 / sq.feet.

The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $3,115 it is 38 % more expensive than the average price in New Hope. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condo". At a price of $4,290 it is 65 % more expensive than the average price.

According to the average area price by sq.feet the most affordable property type is "Condo with an average cost of $1 / sq.feet. "Condo" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.