Property prices for rent in Camden (New Jersey)
The rent prices in real estate in Camden, 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 Camden has fallen during the last 6 months. In November, the average price per sq.feet was $1.62. In December this price barely changed remaining at $1.66 per sq.feet. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.53 to $1.47 during March y April
When referring to the price in Camden (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,508. In December This price remains at $1,475. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,562 they are 13 % more affordable than the average price for Camden . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,599.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.37 / sq.feet, with an average $1.46 / sq.feet price in Camden. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,562 it is 37 % more affordable than the average price in Camden. "Detached House" is seen as the second most affordable property type. The most affordable property is "" followed by "Detached House". At a price of $1,015 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Detached House" at an average price of $5 / sq.feet followed by "Land" priced at $16 / sq.feet. "Land" is the most expensive type of property with a $16 / sq.feet value followed by "Detached House" with an average price of $5 / sq.feet.
