The rent prices in real estate in Spencerport, 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 Spencerport has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.4. The price for the following two months in (December, January) had a considerable rise of 118 %. The price per sq.feet has had a considerable rise of 118 % 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 $1.31 to $1.54 during February, and March.
When referring to the price in Spencerport (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,398. During November the price went through a considerable rise reaching $1,748. In the following two months the average price has hardly changed with regard to the previous two months from $1,573 to $1,641. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % 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 $2,019 they are 43 % more affordable than the average price for Spencerport . The properties with the lowest average price have 4 bedrooms, Their price is 6 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,694.
According to average price per property type in Spencerport, "" priced at $1,126 is 44 % lower than the average price ($2,019) in this city.