Property prices for rent in Niagara Falls (New York)

The rent prices in real estate in Niagara Falls, 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.

$747.33
Average price last 6 months
$3.34
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Niagara Falls has fallen during the last 6 months. In April, the average price per sq.feet was $3.67. In the following month the price per sq.feet rose considerably to $6.06. The price for the following two months in (June, July) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 19 % 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 $4.57 to $0.88 during August, and September.

Average price

When referring to the price in Niagara Falls (cities), this has risen considerably in the last 6 months. The rent price in April is $638, rising in May till $733. In the following two months the average price has hardly changed with regard to the previous two months from $685.5 to $681.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 128 % 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 $928 they are 49 % more affordable than the average price for Niagara Falls . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 1 bedroom priced at $475.

With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % more affordable than the average price of ($0.86 / sq.feet) in Niagara Falls. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % more affordable than the average value aforementioned.

Price per property type

According to average price per property type in Niagara Falls, "" priced at $705 is 24 % lower than the average price ($928) in this city.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Niagara Falls
Number of properties used in region New York
$928
$0.91
166
165,976
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value