The rent prices in real estate in Rye, 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 Rye has risen strongly during the last 6 months. In April, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $2.8. In the following two months the price per sq.feet has risen 110 %, going from $2.4 to $2.65 per sq.feet. The price per sq.feet has risen 107 % 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 $2.53 to $2.7 during August, and September.
When referring to the price in Rye (cities), this has risen in the last 6 months. The average price during our first sample month during April, is $4,394. During May the price went through a considerable rise reaching $5,685. In the following two months the average price has hardly changed with regard to the previous two months from $5,039.5 to $4,926.5. During the last two months the average price has fallen greatly compared to the previous four going from $4,983 to $3,989, which means a 80 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $4,511 they are 39 % more affordable than the average price for Rye . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,778.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.52 / sq.feet, with an average $3 / sq.feet price in Rye. The properties with the most expensive average prices have 1 bedroom. They are 57 % more expensive than the average followed by properties with 4 bedrooms with a price at $3.97 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $4,511 it is 30 % more affordable than the average price in Rye. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $3,162 it is 54 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $2.9 / sq.feet. "Apartment" with an average price of $2.9 / sq.feet has the most affordable price and would be directed at less affluent cities.