Property prices for rent in Pittsburgh (Pennsylvania)
The rent prices in real estate in Pittsburgh, in the Pennsylvania 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 Pittsburgh has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.63. In the following month the price per sq.feet fell to $1.53. In the following two months the price per sq.feet has practically remained the same, going from $1.58 to $1.62 per sq.feet. The price per sq.feet has had a considerable rise of 237 % 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 $1.6 to $3.8 during August, and September.
When referring to the price in Pittsburgh (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,341. During May the price had a slight fall till $1,204. During the following two months (June, July) the price has had an average rise from $1,272.5 to $1,357.5. 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 $1,315 and $1,293 between August and September.
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 $1,175 they are 10 % more affordable than the average price for Pittsburgh . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,532.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.18 / sq.feet, with an average $1.5 / sq.feet price in Pittsburgh. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.38 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,175 it is 5 % more affordable than the average price in Pittsburgh. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,431 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.11 / sq.feet followed by "House" priced at $1.44 / sq.feet. "House" is the most affordable type of property with a $1.44 / sq.feet value followed by "Condo" with an average price of $1.11 / sq.feet.
