The rent prices in real estate in Egg Harbor City, 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 Egg Harbor City has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.56. The price for the following two months in (December, January) had a considerable rise of 144 %. 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 $1.56 to $1.91 during February, and March.
When referring to the price in Egg Harbor City (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,297, rising in November till $2,499. In the following two months the average price has hardly changed with regard to the previous two months from $2,398 to $2,301. During the last two months the average price has fallen greatly compared to the previous four going from $2,349.5 to $1,976, which means a 84 % fall.
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 $2,189 they are 23 % more affordable than the average price for Egg Harbor City . The properties with the highest average price have 2 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,703.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.66 / sq.feet, with an average $2.08 / sq.feet price in Egg Harbor City. The properties with the most expensive average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.66 / sq.feet.
According to average price per property type in Egg Harbor City, "" priced at $1,703 is 22 % lower than the average price ($2,189) in this city.