Property prices for rent in North Babylon (New York)
The rent prices in real estate in North Babylon, 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 North Babylon has fallen during the last 6 months. In November, the average price per sq.feet was $2.78. In December this price barely changed remaining at $2.69 per sq.feet. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per sq.feet has risen 107 % 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 $2.56 to $2.74 during March, and April.
When referring to the price in North Babylon (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $3,172. In December This price remains at $3,161. In the following two months the average price has hardly changed with regard to the previous two months from $3,166.5 to $3,026.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $3,096.5 to $2,643.5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $2,418 in North Babylon. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 16 % more affordable than the average price of ($2.45 / sq.feet) in North Babylon. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 14 % more expensive than the average value aforementioned.
