The rent prices in real estate in West Park, in the New York 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 West Park has risen during the last 6 months. In October, the average price per sq.feet was $4.39. In the following month the price per sq.feet rose to $4.82. In the following two months the price per sq.feet has practically remained the same, going from $4.61 to $4.66 per sq.feet. The price per sq.feet has had a considerable rise of 116 % 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 $4.64 to $5.38 during February, and March.
When referring to the price in West Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,782. In November This price remains at $2,745. In the following two months the average price has hardly changed with regard to the previous two months from $2,763.5 to $2,682.5. 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 $2,723 and $2,763.5 between February and March.
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 $2,847 they are 49 % more affordable than the average price for West Park . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,814.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.15 / sq.feet, with an average $6.61 / sq.feet price in West Park. The properties with the most affordable average prices have 2 bedrooms. They are 70 % more affordable than the average followed by properties with 1 bedroom with a price at $1.15 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,847 it is 53 % more affordable than the average price in West Park. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $2,844 it is 4 % 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 $2 / sq.feet followed by "Villa" priced at $26 / sq.feet. "Villa" is the most expensive type of property with a $26 / sq.feet value followed by "House" with an average price of $2 / sq.feet.