The rent prices in real estate in New Rochelle, in the New York region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in New Rochelle has risen during the last 6 months. In September, the average price per sq.feet was $2.53. In the following month the price per sq.feet rose to $2.73. In the following two months the price per sq.feet has practically remained the same, going from $2.63 to $2.66 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 $2.65 to $2.81 during January, and February.
When referring to the price in New Rochelle (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,716. In October This price remains at $2,771. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,631.75 to $2,343.5 in January and February.
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 $2,326 they are 11 % more affordable than the average price for New Rochelle . The properties with the highest average price have 4 bedrooms, Their price is 131 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,054.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.09 / sq.feet, with an average $2.88 / sq.feet price in New Rochelle. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.63 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,326 it is 2 % more affordable than the average price in New Rochelle. "" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Townhouse". At a price of $3,596 it is 82 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2 / sq.feet followed by "Apartment" priced at $2.37 / sq.feet. "House" is the most affordable type of property with a $2.86 / sq.feet value followed by "Apartment" with an average price of $2.37 / sq.feet.