The rent prices in real estate in Cranbury, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Cranbury has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 180 %. 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 $1.4 to $1.45 during February y March
When referring to the price in Cranbury (cities), this has fallen considerably in the last 6 months. The average price for October is $3,816. During November the price had a considerable fall till $2,507. In the following two months the average price has hardly changed with regard to the previous two months from $3,161.5 to $3,180.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $4,429 they are 73 % more affordable than the average price for Cranbury . The properties with the lowest average price have 2 bedrooms, Their price is 52 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,214.
According to average price per property type in Cranbury, "" priced at $1,214 is 73 % lower than the average price ($4,429) in this city.