The rent prices in real estate in Linwood, 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 Linwood has had a strong fall during the last 6 months. In October, the average price per sq.feet was $21. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 13 with regard to the previous two months. The price per sq.feet has had a considerable rise of 176 % 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 $6.24 to $10.97 during February, and March.
When referring to the price in Linwood (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,607. During November the price went through a considerable rise reaching $3,587. During the following two months (December, January) the average price had a considerable rise of 142 % 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 86 %, going from $3,138 to $2,688 in February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 6 % more affordable than the average price of $1,505 in Linwood. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
According to average price per property type in Linwood, "" priced at $1,505 is 6 % lower than the average price ($1,605) in this city.