Property prices for rent in Belle Mead (New Jersey)
The rent prices in real estate in Belle Mead, 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 Belle Mead has risen during the last 6 months. In October, the average price per sq.feet was $1.31. In the following month the price per sq.feet rose considerably to $1.8. In the following two months the price per sq.feet has risen 111 %, going from $1.55 to $1.73 per sq.feet. The price per sq.feet has had a considerable fall of 54 % 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 $1.64 to $0.89 during February, and March.
When referring to the price in Belle Mead (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,909. During November the price went through a considerable rise reaching $4,030. During the following two months (December, January) the average price had a considerable rise of 118 % with regard to the previous two months. 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 $3,781.5 and $3,608 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 $3,075 they are 45 % more affordable than the average price for Belle Mead . The properties with the lowest average price have 2 bedrooms, Their price is 33 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,838.
According to average price per property type in Belle Mead, "" priced at $1,838 is 40 % lower than the average price ($3,075) in this city.
