Property prices for rent in Dumont (New Jersey)
The rent prices in real estate in Dumont, 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 Dumont has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.33. In the following month the price per sq.feet rose to $2.46. In the following two months the price per sq.feet has risen 109 %, going from $2.39 to $2.62 per sq.feet. The price per sq.feet has had a considerable rise of 123 % 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 $2.51 to $3.08 during March, and April.
When referring to the price in Dumont (cities), this has fallen considerably in the last 6 months. The average price for November is $3,862. During December the price had a considerable fall till $3,035. During the following two months (January, February) the average price had a considerable fall of 64 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,831.75 to $2,343, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $2,035 in Dumont. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 14 % more affordable than the average price of ($2.68 / sq.feet) in Dumont. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more expensive than the average value aforementioned.
