Property prices for rent in Hammonton (New Jersey)
The rent prices in real estate in Hammonton, 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 Hammonton has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose considerably to $1.52. The price for the following two months in (December, January) had a considerable rise of 123 %. The price per sq.feet has risen 110 % 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 $1.46 to $1.61 during February, and March.
When referring to the price in Hammonton (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,370. During November the price went through a considerable rise reaching $1,883. During the following two months (December, January) the price has had an average rise from $1,626.5 to $1,752. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,689.25 and $1,741.5 between February and March.
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 $1,839 they are 30 % more affordable than the average price for Hammonton . The properties with the highest average price have 2 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,770.
According to average price per property type in Hammonton, "" priced at $1,770 is 4 % lower than the average price ($1,839) in this city.
