The rent prices in real estate in Frenchtown, 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 Frenchtown has risen strongly during the last 6 months. In November, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $2.56. In the following two months the price per sq.feet has risen 111 %, going from $2.28 to $2.54 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 $2.41 to $2.96 during March, and April.
When referring to the price in Frenchtown (cities), this has fallen in the last 6 months. The average price for November is $2,248. During December the price had a slight fall till $1,979. In the following two months the average price has hardly changed with regard to the previous two months from $2,113.5 to $2,104.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,109 to $1,977.5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,996 in Frenchtown. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2.99 / sq.feet) in Frenchtown. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.