The rent prices in real estate in Rego Park, in the New York 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 Rego Park has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.36. In December this price barely changed remaining at $3.3 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 180 %. The price per sq.feet has had a considerable fall of 77 % 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 $4.67 to $3.58 during March, and April.
When referring to the price in Rego Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,959. In December This price remains at $1,907. In the following two months the average price has hardly changed with regard to the previous two months from $1,933 to $2,021. 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 $1,977 and $1,978 between March and April.
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 $1,950 they are 9 % more affordable than the average price for Rego Park . The properties with the highest average price have 4 bedrooms, Their price is 135 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,964.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.25 / sq.feet, with an average $2.72 / sq.feet price in Rego Park. The properties with the most expensive average prices have 1 bedroom. They are 292 % more expensive than the average followed by properties with 2 bedrooms with a price at $5.91 / sq.feet.
According to average price per property type in Rego Park, "" priced at $2,015 is 3 % more expensive than the average price ($1,950) in this city.