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 March, the average price per sq.feet was $1.03. In April this price barely changed remaining at $1.01 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 49 with regard to the previous two months. The price per sq.feet has had a considerable rise of 152 % 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 $1.15 during July, and August.
When referring to the price in Palmyra (cities), this has risen in the last 6 months. The rent price in March is $1,377, rising in April till $1,570. In the following two months the average price has hardly changed with regard to the previous two months from $1,473.5 to $1,438.5. 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 $1,456 and $1,485 between July and August.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 34 % more affordable than the average price of $1,041 in Palmyra. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
According to average price per property type in Palmyra, "" priced at $1,041 is 34 % lower than the average price ($1,587) in this city.