The average rent price in the Pennsylvania region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Pennsylvania has risen in the last 6 months. During February, the average price per sq.feet was $1.62. The following month (March) the price rose to $1.8 per sq.feet. The price per sq.feet for the following two months barely changed going from $1.71 to $1.65 per sq.feet. In the last two months, the price per sq.feet has risen 108 %. This has been obtained by comparing the price $1.68 for the first four months of the sample with regard to the previous 4 months and the price $1.82 per sq.feet for the last two months (June, July).
When referring to the price in Pennsylvania(region), there have hardly been any changes in the last 6 months. February has an average price of $1,537. During Marchthe price had a slight fall till $1,442. In the following two months the average price practically remained the same compared to the previous two going from $1,489.5 to $1,480. During the last two months the price has gone up 108 % compared to the previous average values going from $1,484.75 a $1,604.5 in June y July.
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 13 % cheaper than the average price in Pennsylvania followed by those with 2 with an average price of $1,631. The most expensive properties have 4 bedrooms. They are 47 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,802.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $1.38 / sq.feet being $1.81 / sq.feet the average for Pennsylvania. The properties with the highest average price are those with 4 bedrooms. These are 74 % more expensive than the average followed by those with 1 bedroom with a price of $2.05 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,577 it is 7 % cheaper than the average in Pennsylvania. This is followed by "" with a cost of $1,473. The most expensive property type is "Land" and is 25 % more costly than the average, followed by "Townhouse" with a cost of $1,649.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.4 / sq.feet, followed by "Condo" with a price of $1.58 / sq.feet. "House" with an average price of $1.93 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $1.63 / sq.feet.