The rent prices in real estate in Oakland Gardens, 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 Oakland Gardens has risen strongly during the last 6 months. In November, the average price per sq.feet was $1. In December this price barely changed remaining at $1 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 225 %. The price per sq.feet has had a considerable rise of 167 % 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 $1.62 to $2.72 during March, and April.
When referring to the price in Oakland Gardens (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $2,707. In December This price remains at $2,674. During the following two months (January, February) the average price had a considerable rise of 167 % 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 displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $4,375 they are 60 % more affordable than the average price for Oakland Gardens . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 36 % more affordable than the average aforementioned.