Property prices for rent in Cedar Knolls (New Jersey)

The price per sq.feet in Cedar Knolls has risen during the last 6 months. In March, the average price per sq.feet was $1.68. In the following month the price per sq.feet fell to $1.59. The price for the following two months in (May, June) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 146 % 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 $1.53 to $2.23 during July, and August.

When referring to the price in Cedar Knolls (cities), there have hardly been any changes in the last 6 months. The average price for March is $2,102. During April the price had a slight fall till $1,953. During the following two months (May, June) the average price had a considerable fall of 84 % 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 had a strong increase of 139 % during the last two months.

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 $1,846 they are 21 % more affordable than the average price for Cedar Knolls . Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 12 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.7 / sq.feet price in Cedar Knolls. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 13 % more expensive than the average value aforementioned.