Property prices for rent in Rensselaer (New York)
The rent prices in real estate in Rensselaer, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Rensselaer has fallen during the last 6 months. In March, the average price per sq.feet was $1.66. In April this price barely changed remaining at $1.58 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.62 to $1.56 per sq.feet. The price per sq.feet has had a considerable fall of 81 % 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 $1.59 to $1.28 during July, and August.
When referring to the price in Rensselaer (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,757. During April the price had a slight fall till $1,580. In the following two months the average price has hardly changed with regard to the previous two months from $1,668.5 to $1,716.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,865 they are 37 % more affordable than the average price for Rensselaer . The properties with the lowest average price have 3 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,619.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.48 / sq.feet, with an average $1.56 / sq.feet price in Rensselaer. The properties with the most expensive average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.49 / sq.feet.
According to average price per property type in Rensselaer, "" priced at $1,393 is 25 % lower than the average price ($1,865) in this city.
