The rent prices in real estate in Plattsburgh, in the New York 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 Plattsburgh has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.09. In February this price barely changed remaining at $1.06 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable fall of 64 % 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 $0.82 to $0.53 during May, and June.
When referring to the price in Plattsburgh (cities), this has fallen in the last 6 months. The average price for January is $969. During February the price had a slight fall till $890. In the following two months the average price has hardly changed with regard to the previous two months from $929.5 to $928.5. During the last two months the average price has fallen greatly compared to the previous four going from $929 to $734, which means a 79 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $524 they are 19 % more expensive than the average price for Plattsburgh. Following this ranking we find those properties with 2 at an average price of $741. The properties with the highest average price have 4 bedrooms, Their price is 244 % more expensive than the average. After that we have properties with 3 bedrooms priced at $849.
According to average price per property type in Plattsburgh, "" priced at $939 is 79 % more expensive than the average price ($524) in this city.