The rent prices in real estate in Bayonne, 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 Bayonne has risen during the last 6 months. In October, the average price per sq.feet was $2.35. In the following month the price per sq.feet rose considerably to $2.71. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has risen 107 % 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 $2.42 to $2.59 during February, and March.
When referring to the price in Bayonne (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,445, rising in November till $2,577. In the following two months the average price has hardly changed with regard to the previous two months from $2,511 to $2,479.5. 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 $2,495.25 and $2,484 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 $2,531 they are 12 % more affordable than the average price for Bayonne . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,798.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $2.78 / sq.feet price in Bayonne. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.79 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,531 it is 28 % more affordable than the average price in Bayonne. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,432 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.74 / sq.feet followed by "Condo" priced at $3.02 / sq.feet. "Condo" is the most expensive type of property with a $3.02 / sq.feet value followed by "House" with an average price of $2.74 / sq.feet.