The rent prices in real estate in East Orange, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in East Orange has fallen during the last 6 months. In October, the average price per sq.feet was $2.63. In November this price barely changed remaining at $2.57 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.6 to $2.48 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.54 to $2.47 during February y March
When referring to the price in East Orange (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,227. During November the price had a slight fall till $2,093. In the following two months the average price has hardly changed with regard to the previous two months from $2,160 to $2,204. 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 $2,182 and $2,203.5 between February and March.
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 $2,255 they are 9 % more affordable than the average price for East Orange . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,503.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.5 / sq.feet price in East Orange. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.35 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,255 it is 8 % more affordable than the average price in East Orange. "House" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $2,087 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Condo" priced at $3 / sq.feet. "Condo" is the most expensive type of property with a $3 / sq.feet value followed by "House" with an average price of $2 / sq.feet.