Property prices for rent in Chatham (New Jersey)

The rent prices in real estate in Chatham, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$2,532.5
Average price last 6 months
$24.96
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Chatham has had a strong fall during the last 6 months. In October, the average price per sq.feet was $99.53. In the following month the price per sq.feet fell considerably to $2.44. The price for the following two months in (December, January) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $26.7 to $21.48 during February, and March.

Average price

When referring to the price in Chatham (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,522. During November the price had a slight fall till $2,394. In the following two months the average price has hardly changed with regard to the previous two months from $2,458 to $2,574.5. 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 $2,516.25 and $2,565 between February and March.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,438 they are 21 % more affordable than the average price for Chatham . The properties with the highest average price have 3 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,595.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $26.27 / sq.feet price in Chatham. The properties with the most expensive average prices have 1 bedroom. They are 72 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.55 / sq.feet.

Price per property type

According to average price per property type in Chatham, "" priced at $1,926 is 21 % lower than the average price ($2,438) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Chatham
Number of properties used in region New Jersey
$2,438
$26.27
280
134,532
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value