Property prices for rent in Newburgh (New York)

The rent prices in real estate in Newburgh, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,574.83
Average price last 6 months
$4.99
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newburgh has had a strong fall during the last 6 months. In May, the average price per sq.feet was $12.5. In the following month the price per sq.feet fell considerably to $3.09. The price for the following two months in (July, August) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 24 % 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 $6.69 to $1.6 during September, and October.

Average price

When referring to the price in Newburgh (cities), this has risen in the last 6 months. The rent price in May is $1,440, rising in June till $1,551. During the following two months (July, August) the price has had an average rise from $1,495.5 to $1,581.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.

Average price per bedrooms

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 $1,605 they are 22 % more affordable than the average price for Newburgh . The properties with the highest average price have 3 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,635.

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 $1.56 / sq.feet price in Newburgh. The properties with the most expensive average prices have 1 bedroom. They are 99 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.4 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,605 it is 0 % more affordable than the average price in Newburgh. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,602 it is 0 % more expensive than the average price.

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

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Newburgh
Number of properties used in region New York
$1,605
$1.56
432
164,516
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value