The average rent price in the Pennsylvania region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Pennsylvania has fallen in the last 6 months. During September, the average price per sq.feet was $1.95. In October the price barely changed remaining at $1.97 per sq.feet. The following two months (November, December) went through a fall of 94 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of $1.9 to $1.81 during January and February.
When referring to the price in Pennsylvania(region), there have hardly been any changes in the last 6 months. In the first month sample September the average price is $1,837. In October the price remains at $1,879. In the following two months the average price practically remained the same compared to the previous two going from $1,858 to $1,774.5. During the last two months the average price has not gone through any changes and has gone from $1,816.25 to $1,761.5 during January and February.
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 12 % cheaper than the average price in Pennsylvania followed by those with 3 with an average price of $1,815. The most expensive properties have 4 bedrooms. They are 30 % more expensive than the average followed by those properties with 2 bedrooms priced at $1,838.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $1.32 / sq.feet being $1.83 / sq.feet the average for Pennsylvania. The properties with the highest average price are those with 1 bedroom. These are 21 % more expensive than the average followed by those with 2 bedrooms with a price of $1.81 / sq.feet.
The graph displaying the average rent price according to the property type shows "Townhouse" as the most affordable one. With an average cost of $1,773 it is 8 % cheaper than the average in Pennsylvania. This is followed by "House" with a cost of $1,714. The most expensive property type is "Apartment" and is 38 % more costly than the average, followed by "Condo" with a cost of $2,237.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.33 / sq.feet, followed by "Detached House" with a price of $1.54 / sq.feet. "Condo" with an average price of $2.07 / sq.feet is the most expensive type of property followed by "House" at a price of $2.02 / sq.feet.