The rent prices in real estate in Pittsburgh, in the Pennsylvania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Pittsburgh has risen during the last 6 months. In September, the average price per sq.feet was $1.32. In the following month the price per sq.feet rose to $1.4. In the following two months the price per sq.feet has practically remained the same, going from $1.36 to $1.42 per sq.feet. The price per sq.feet has risen 110 % 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 $1.39 to $1.52 during January, and February.
When referring to the price in Pittsburgh (cities), there have hardly been any changes in the last 6 months. The rent price in September is $1,423, rising in October till $1,507. In the following two months the average price has hardly changed with regard to the previous two months from $1,465 to $1,414. 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 $1,439.5 and $1,451 between January and February.
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 $1,449 they are 19 % more affordable than the average price for Pittsburgh . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,762.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.32 / sq.feet, with an average $1.55 / sq.feet price in Pittsburgh. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.47 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,449 it is 39 % more affordable than the average price in Pittsburgh. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,814 it is 134 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.06 / sq.feet followed by "Condo" priced at $1.22 / sq.feet. "Land" is the most expensive type of property with a $3.26 / sq.feet value followed by "House" with an average price of $1.67 / sq.feet.