Property prices for rent in Prospect Park (Pennsylvania)

The rent prices in real estate in Prospect Park, 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.

$1,124.33
Average price last 6 months
$8.93
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Prospect Park has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.3. In April this price barely changed remaining at $1.31 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 1902 %. The price per sq.feet has had a considerable fall of 5 % 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 $13.06 to $0.68 during July, and August.

Average price

When referring to the price in Prospect Park (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,053. In April This price remains at $1,039. During the following two months (May, June) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,162.5 to $1,048 in July and August.

Average price per bedrooms

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 $1,079 they are 18 % more affordable than the average price for Prospect Park . The properties with the highest average price have 2 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,012.

Price per property type

According to average price per property type in Prospect Park, "" priced at $1,012 is 6 % lower than the average price ($1,079) in this city.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Prospect Park
Number of properties used in region Pennsylvania
$1,079
$1.35
76
102,914
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value