The rent prices in real estate in Brick, 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 Brick has risen during the last 6 months. In October, the average price per sq.feet was $1.44. In November this price barely changed remaining at $1.46 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.45 to $1.53 per sq.feet. The price per sq.feet has had a considerable rise of 123 % 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 $1.49 to $1.84 during February, and March.
When referring to the price in Brick (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,984. In November This price remains at $1,976. In the following two months the average price has hardly changed with regard to the previous two months from $1,980 to $1,946. 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 $1,963 and $1,928 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 $1,944 they are 30 % more affordable than the average price for Brick . The properties with the highest average price have 3 bedrooms, Their price is 9 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,621.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.08 / sq.feet price in Brick. The properties with the most expensive average prices have 3 bedrooms. They are 188 % more expensive than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
According to average price per property type in Brick, "" priced at $1,621 is 17 % lower than the average price ($1,944) in this city.