The rent prices in real estate in Leonia, 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 Leonia has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.55. In the following month the price per sq.feet rose considerably to $3.83. The price for the following two months in (November, December) had a considerable rise of 119 %. The price per sq.feet has risen 106 % 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 $3.49 to $3.69 during January, and February.
When referring to the price in Leonia (cities), this has fallen considerably in the last 6 months. The average price for September is $3,770. During October the price had a considerable fall till $2,416. During the following two months (November, December) the average price had a considerable fall of 77 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $2,744 to $2,604 in January and February.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $2,390 in Leonia. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 14 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 4 % more affordable than the average price of ($3.57 / sq.feet) in Leonia. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more expensive than the average value aforementioned.