The rent prices in real estate in Absecon, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Absecon has risen during the last 6 months. In October, the average price per sq.feet was $1.27. In November this price barely changed remaining at $1.29 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.28 to $1.36 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 $1.32 to $1.38 during February y March
When referring to the price in Absecon (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,405. In November This price remains at $1,430. During the following two months (December, January) the price has had an average rise from $1,417.5 to $1,501.5. 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 $1,459.5 and $1,436 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,430 they are 15 % more affordable than the average price for Absecon . The properties with the highest average price have 3 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,615.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.37 / sq.feet, with an average $1.44 / sq.feet price in Absecon. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.37 / sq.feet.
According to average price per property type in Absecon, "" priced at $1,217 is 15 % lower than the average price ($1,430) in this city.