The rent prices in real estate in Swarthmore, in the Pennsylvania 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 Swarthmore has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.88. In November this price barely changed remaining at $1.83 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $1.86 to $2.05 per sq.feet. The price per sq.feet has had a considerable fall of 51 % 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 $1.95 to $1 during February, and March.
When referring to the price in Swarthmore (cities), this has fallen in the last 6 months. The average price for October is $3,114. During November the price had a slight fall till $2,722. In the following two months the average price has hardly changed with regard to the previous two months from $2,918 to $2,858.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $3,234 they are 68 % more affordable than the average price for Swarthmore . The properties with the lowest average price have 2 bedrooms, Their price is 56 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,031.
According to average price per property type in Swarthmore, "" priced at $1,421 is 56 % lower than the average price ($3,234) in this city.