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 May, the average price per sq.feet was $1.64. The following month (June) the price rose to $1.83 per sq.feet. The following two months (July, August) went through a rise of 110 % in the rent price per sq.feet rising from $1.74 to $1.91 per sq.feet. In the last two months, the price per sq.feet has fallen 86 %. This has been obtained by comparing the price $1.82 for the first four months of the sample with regard to the previous 4 months and the price $1.56 per sq.feet for the last two months (September, October).
When referring to the price in Pennsylvania(region), this has risen in the last 6 months. The average rent price in May is $1,475. In June the price rose to $1,632. In the following two months the average price practically remained the same compared to the previous two going from $1,553.5 to $1,581. During the last two months the average price has not gone through any changes and has gone from $1,567.25 to $1,566 during September and October.
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 7 % cheaper than the average price in Pennsylvania followed by those with 2 with an average price of $1,657. The most expensive properties have 4 bedrooms. They are 40 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,914.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.15 / sq.feet being $1.63 / sq.feet the average for Pennsylvania. The properties with the highest average price are those with 1 bedroom. These are 30 % more expensive than the average followed by those with 2 bedrooms with a price of $1.56 / 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 $1,582 it is 18 % cheaper than the average in Pennsylvania. This is followed by "" with a cost of $1,467. The most expensive property type is "Land" and is 16 % more costly than the average, followed by "Condo" with a cost of $1,781.
Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1.4 / sq.feet, followed by "Land" with a price of $1.47 / sq.feet. "Condo" with an average price of $2.14 / sq.feet is the most expensive type of property followed by "House" at a price of $1.77 / sq.feet.