The rent prices in real estate in Bloomfield, 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 Bloomfield has risen during the last 6 months. In March, the average price per sq.feet was $2.95. In April this price barely changed remaining at $3.03 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.99 to $3.02 per sq.feet. 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 $3 to $3.22 during July, and August.
When referring to the price in Bloomfield (cities), this has risen in the last 6 months. The rent price in March is $2,500, rising in April till $2,661. In the following two months the average price has hardly changed with regard to the previous two months from $2,580.5 to $2,697. 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 $2,638.75 and $2,558 between July and August.
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 $2,528 they are 14 % more affordable than the average price for Bloomfield . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,799.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.09 / sq.feet, with an average $3.4 / sq.feet price in Bloomfield. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.87 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,528 it is 26 % more affordable than the average price in Bloomfield. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,503 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3.39 / sq.feet followed by "Condo" priced at $3.67 / sq.feet. "Condo" is the most expensive type of property with a $3.67 / sq.feet value followed by "House" with an average price of $3.39 / sq.feet.