The rent prices in real estate in High Bridge, 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 High Bridge has had a strong fall during the last 6 months. In December, the average price per sq.feet was $3. In January this price barely changed remaining at $3 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 73 % 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 $2.75 to $2 during April, and May.
When referring to the price in High Bridge (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $2,535. In January This price remains at $2,535. In the following two months the average price has hardly changed with regard to the previous two months from $2,535 to $2,533.5. 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 $2,534.25 and $2,532 between April and May.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of $2,496 in High Bridge. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
According to average price per property type in High Bridge, "" priced at $2,496 is 1 % lower than the average price ($2,532) in this city.