Property prices for rent in Syracuse (Utah)
The rent prices in real estate in Syracuse, in the Utah 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 Syracuse has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.19. In November this price barely changed remaining at $1.18 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 121 %. The price per sq.feet has had a considerable rise of 125 % 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 $1.63 during February, and March.
When referring to the price in Syracuse (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,433. In November This price remains at $2,406. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,318.5 to $1,837, which means a 79 % fall.
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 $1,824 they are 21 % more affordable than the average price for Syracuse . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,158.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.7 / sq.feet price in Syracuse. The properties with the most expensive average prices have 1 bedroom. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.81 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,824 it is 9 % more affordable than the average price in Syracuse. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,664 it is 42 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
