The rent prices in real estate in Helmetta, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Helmetta has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.53. In the following month the price per sq.feet fell to $1.44. The price for the following two months in (December, January) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.2 to $1.09 during February, and March.
When referring to the price in Helmetta (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $3,020. During November the price went through a considerable rise reaching $3,700. During the following two months (December, January) the average price had a considerable fall of 68 % 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 $2,827 to $2,189, which means a 77 % 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 $1,953 they are 18 % more affordable than the average price for Helmetta . The properties with the highest average price have 2 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,655.
According to average price per property type in Helmetta, "" priced at $1,601 is 18 % lower than the average price ($1,953) in this city.