The rent prices in real estate in Scranton, in the Pennsylvania region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Scranton has risen during the last 6 months. In October, the average price per sq.feet was $1.26. In November this price barely changed remaining at $1.25 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.25 to $1.35 per sq.feet. 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 $1.3 to $1.36 during February y March
When referring to the price in Scranton (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,327. In November This price remains at $1,300. During the following two months (December, January) the price has had an average rise from $1,313.5 to $1,385.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
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 $1,448 they are 22 % more affordable than the average price for Scranton . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,528.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.21 / sq.feet, with an average $1.38 / sq.feet price in Scranton. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.4 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,448 it is 9 % more affordable than the average price in Scranton. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,799 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.27 / sq.feet followed by "Apartment" priced at $1.38 / sq.feet. "Condo" is the most expensive type of property with a $1.74 / sq.feet value followed by "Apartment" with an average price of $1.38 / sq.feet.