The rent prices in real estate in Staten Island, 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 Staten Island has had a strong fall during the last 6 months. In April, the average price per sq.feet was $9.34. In the following month the price per sq.feet fell considerably to $2.27. The price for the following two months in (June, July) had a considerable rise of 155 %. The price per sq.feet has had a considerable fall of 26 % 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 $7.39 to $1.91 during August, and September.
When referring to the price in Staten Island (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $2,036. In May This price remains at $2,073. During the following two months (June, July) the price has had an average rise from $2,054.5 to $2,283. 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 $2,168.75 and $2,202.5 between August and September.
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 $2,281 they are 31 % more affordable than the average price for Staten Island . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,470.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.55 / sq.feet, with an average $1.79 / sq.feet price in Staten Island. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.75 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,281 it is 21 % more affordable than the average price in Staten Island. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,801 it is 10 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $33 / sq.feet. "House" at an average price of $33 / sq.feet has the highest price and would be directed at more affluent cities.