Property prices for rent in Denville (New Jersey)
The rent prices in real estate in Denville, 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 Denville has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.22. In the following month the price per sq.feet rose to $2.44. In the following two months the price per sq.feet has practically remained the same, going from $2.33 to $2.28 per sq.feet. The price per sq.feet has had a considerable rise of 18157 % 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 $2.3 to $418.53 during March, and April.
When referring to the price in Denville (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $3,280. In December This price remains at $3,257. In the following two months the average price has hardly changed with regard to the previous two months from $3,268.5 to $3,360.5. During the last two months the average price has fallen greatly compared to the previous four going from $3,314.5 to $2,766.5, which means a 83 % fall.
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 $2,841 they are 44 % more affordable than the average price for Denville . The properties with the lowest average price have 2 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,753.
According to average price per property type in Denville, "" priced at $1,588 is 44 % lower than the average price ($2,841) in this city.
