The rent prices in real estate in North Salem, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in North Salem has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.23. In the following month the price per sq.feet rose considerably to $2.88. The price for the following two months in (December, January) had a considerable rise of 131 %. 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 $2.95 to $3.14 during February, and March.
When referring to the price in North Salem (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $5,325. During November the price went through a considerable rise reaching $7,988. During the following two months (December, January) the average price had a considerable rise of 279 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 80 % more affordable than the average price of $2,401 in North Salem. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 80 % more affordable than the average aforementioned.