Property prices for rent in Basking Ridge (New Jersey)
The rent prices in real estate in Basking Ridge, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Basking Ridge has barely changed in the last 6 months. In October, the average price per sq.feet was $2.29. In November this price barely changed remaining at $2.28 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.29 to $2.2 per sq.feet. The price per sq.feet has risen 105 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.24 to $2.37 during February, and March.
When referring to the price in Basking Ridge (cities), this has risen in the last 6 months. The rent price in October is $2,920, rising in November till $3,348. In the following two months the average price has hardly changed with regard to the previous two months from $3,134 to $3,154.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $2,336 in Basking Ridge. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 8 % more affordable than the average aforementioned.
