Property prices for rent in New York region

The average rent price in the New York region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$3,076.5
Average price last 6 months
$28.86
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New York has risen considerably in the last 6 months. During December, the average price per sq.feet was $3.33. The following month (January) the price had a considerable rise reaching $6.45 per sq.feet. In the following two months (February, March) the rent price per sq.feet has increased notably to a 918 %. In the last two months, the price per sq.feet has had a significant rise of 148 %. This has been obtained by comparing the price of $24.9 for the first four months of the sample with regard to the previous 4 months and the price of $36.79 per sq.feet for the last two months (April, May).

Average price

When referring to the price in New York(region), this has risen considerably in the last 6 months. The average rent price in December is $2,503. In January the price rose to $2,754. The price in the following months (February, March) had a strong rise of 117 % going from $2,628.5 to $3,065.5. During the last two months the price has had a considerable rise of 124 % with respect to the previous four months going from $2,847 a $3,535.5.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 23 % cheaper than the average price in New York followed by those with 2 with an average price of $3,439. The most expensive properties have 4 bedrooms. They are 513 % more expensive than the average followed by those properties with 3 bedrooms priced at $9,193.

Based on the average price per sq.feet those properties with 2 bedrooms are the most affordable ones with a price of $29.59 / sq.feet being $43.87 / sq.feet the average for New York. The properties with the lowest average price are those with 3 bedrooms. These are 9 % more affordable than the average followed by those with 1 bedroom with a price of $37.7 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Condo" as the most affordable one. With an average cost of $3,829 it is 33 % cheaper than the average in New York. This is followed by "Land" with a cost of $2,877. The most expensive property type is "Commercial" and is 43 % more costly than the average, followed by "Apartment" with a cost of $4,140.

Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $3 / sq.feet, followed by "Condo" with a price of $4.33 / sq.feet. "Townhouse" with an average price of $104.11 / sq.feet is the most expensive type of property followed by "House" at a price of $63.59 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in region New York
$3,829
$43.87
228,254
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Hotel For Sale In New York City, New York, Ref# 11019591 New York City
 6
Hotel For Sale In New York City, New York, Ref# 11019591 New York City
Request Details
New York, New York - For Sale - Commercial - 16 bathrooms
Hotel for sale in new york city new york asking price usd bedrooms bathrooms access mondinion com md for more details...
Commercial For Sale In New York, New York, Ref# 208959 New York City
 2
Commercial For Sale In New York, New York, Ref# 208959 New York City
Request Details
New York, New York - For Sale - Commercial - 72,216 sq.feet
Commercial for sale in new york new york asking price usd features furnished... And features new york commercial apartments investment properties manhattan central park...
Hotel For Sale In Manhattan, New York, Ref# 35419 New York City
 2
Hotel For Sale In Manhattan, New York, Ref# 35419 New York City
Request Details
New York, New York - For Sale - Commercial - 8,823 sq.feet - 16 bathrooms
Hotel for sale in manhattan new york asking price usd bedrooms bathrooms features furnished appliances alarm system pool gym spa cable tv internet laundry room...
Hotel For Sale In Florida, New York, Ref# 41639 Florida
 1
Hotel For Sale In Florida, New York, Ref# 41639 Florida
Request Details
Florida, New York - For Sale - Commercial - 15 bathrooms
Hotel for sale in florida new york asking price usd bedrooms bathrooms features pool gym spa studio room laundry room office room garage parking access mondinion...
Mix Use For Sale Prime Astoria Location Astoria
 1
Mix Use For Sale Prime Astoria Location Astoria
Request Details
Astoria, New York - For Sale - House - 1,792 sq.feet - 2 bedrooms - 3 bathrooms
Mix use for sale prime astoria location location astoria mix use property for sale in astoria most desirable location one block from ditmars boulevard and very...