The rent prices in real estate in Palmyra, in the Pennsylvania region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Palmyra has had a strong fall during the last 6 months. In February, the average price per sq.feet was $1. In March this price barely changed remaining at $1.03 per sq.feet. The price for the following two months in (April, May) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 145 % 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 $0.76 to $1.11 during June, and July.
When referring to the price in Palmyra (cities), there have hardly been any changes in the last 6 months. The average price for February is $1,474. During March the price had a slight fall till $1,377. In the following two months the average price has hardly changed with regard to the previous two months from $1,425.5 to $1,492. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,458.75 and $1,423 between June and July.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 25 % more affordable than the average price of $1,043 in Palmyra. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
According to average price per property type in Palmyra, "" priced at $1,043 is 25 % lower than the average price ($1,383) in this city.