Property prices for rent in Willow Grove (Pennsylvania)

The rent prices in real estate in Willow Grove, 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.

$1,413
Average price last 6 months
$1.53
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Willow Grove has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.89. In the following month the price per sq.feet fell considerably to $1.47. The price for the following two months in (March, April) fell 85 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.55 to $1.47 during May, and June.

Average price

When referring to the price in Willow Grove (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,418. In February This price remains at $1,373. In the following two months the average price has hardly changed with regard to the previous two months from $1,395.5 to $1,460. 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 $1,427.75 and $1,383.5 between May and June.

Average price per bedrooms

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 $1,431 they are 8 % more affordable than the average price for Willow Grove . The properties with the highest average price have 2 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,649.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.38 / sq.feet, with an average $1.47 / sq.feet price in Willow Grove. The properties with the most expensive average prices have 3 bedrooms. They are 5478 % more expensive than the average followed by properties with 1 bedroom with a price at $1.62 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Office" as the most expensive one. At an cost of $1,431 it is 1 % more expensive than the average price in Willow Grove. "" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $1,470 it is 15 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Office" at an average price of $20 / sq.feet followed by "House" priced at $82 / sq.feet. "House" is the most expensive type of property with a $82 / sq.feet value followed by "Office" with an average price of $20 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Willow Grove
Number of properties used in region Pennsylvania
$1,431
$1.47
108
88,484
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value