The rent prices in real estate in Linden, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Linden has fallen during the last 6 months. In November, the average price per sq.feet was $2.71. In December this price barely changed remaining at $2.75 per sq.feet. The price for the following two months in (January, February) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $2.62 to $2.33 during March, and April.
When referring to the price in Linden (cities), this has risen in the last 6 months. The rent price in November is $2,319, rising in December till $2,601. In the following two months the average price has hardly changed with regard to the previous two months from $2,460 to $2,486. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $3,087 they are 31 % more affordable than the average price for Linden . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,915.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2 / sq.feet) in Linden. 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.
According to average price per property type in Linden, "" priced at $2,825 is 8 % lower than the average price ($3,087) in this city.