The rent prices in real estate in Ridge, 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 Ridge has had a strong fall during the last 6 months. In February, the average price per sq.feet was $6. In the following month the price per sq.feet fell considerably to $5. The price for the following two months in (April, May) fell 91 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $5.25 to $5 during June y July
When referring to the price in Ridge (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $1,622. In March This price remains at $1,620. In the following two months the average price has hardly changed with regard to the previous two months from $1,621 to $1,620. 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 $1,620.5 and $1,620 between June and July.
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 $1,620 they are 14 % more affordable than the average price for Ridge . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,982.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $11 / sq.feet, with an average $5 / sq.feet price in Ridge. The properties with the most expensive average prices have 3 bedrooms. They are 940 % more expensive than the average followed by properties with 1 bedroom with a price at $11 / sq.feet.
According to average price per property type in Ridge, "" priced at $1,563 is 4 % lower than the average price ($1,620) in this city.