Property prices for rent in Bloomfield (New Jersey)

The rent prices in real estate in Bloomfield, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,285.83
Average price last 6 months
$3.76
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bloomfield has had a strong fall during the last 6 months. In July, the average price per sq.feet was $10.36. In the following month the price per sq.feet fell considerably to $2.39. The price for the following two months in (September, October) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable fall of 57 % 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 $4.39 to $2.5 during November, and December.

Average price

When referring to the price in Bloomfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $2,275. In August This price remains at $2,245. In the following two months the average price has hardly changed with regard to the previous two months from $2,260 to $2,267.5. 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 $2,263.75 and $2,330 between November and December.

Average price per bedrooms

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 $2,355 they are 18 % more affordable than the average price for Bloomfield . The properties with the highest average price have 4 bedrooms, Their price is 94 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,722.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.47 / sq.feet price in Bloomfield. The properties with the most expensive average prices have 4 bedrooms. They are 5001 % more expensive than the average followed by properties with 1 bedroom with a price at $2.61 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,355 it is 7 % more affordable than the average price in Bloomfield. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,187 it is 15 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $54 / sq.feet. "House" at an average price of $54 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Bloomfield
Number of properties used in region New Jersey
$2,355
$2.47
794
75,872
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value