Property prices for rent in Budd Lake (New Jersey)
The rent prices in real estate in Budd Lake, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Budd Lake has fallen during the last 6 months. In October, the average price per sq.feet was $3.01. In November this price barely changed remaining at $2.93 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.97 to $2.93 per sq.feet. The price per sq.feet has fallen 92 % 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 $2.95 to $2.7 during February, and March.
When referring to the price in Budd Lake (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,609. In November This price remains at $2,512. In the following two months the average price has hardly changed with regard to the previous two months from $2,560.5 to $2,462. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $2,511.25 to $2,273 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,220 they are 47 % more affordable than the average price for Budd Lake . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,069.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2.63 / sq.feet, with an average $2.62 / sq.feet price in Budd Lake. The properties with the most expensive average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $2.63 / sq.feet.
According to average price per property type in Budd Lake, "" priced at $1,169 is 47 % lower than the average price ($2,220) in this city.
