Property prices for rent in Manahawkin (New Jersey)
The rent prices in real estate in Manahawkin, 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 Manahawkin has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.1. In the following month the price per sq.feet fell to $1.93. The price for the following two months in (January, February) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $1.77 to $0.88 during March, and April.
When referring to the price in Manahawkin (cities), this has fallen in the last 6 months. The average price for November is $2,517. During December the price had a slight fall till $2,151. During the following two months (January, February) the price has had an average rise from $2,334 to $2,625. During the last two months the average price has fallen greatly compared to the previous four going from $2,479.5 to $2,072.5, which means a 84 % fall.
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 $2,088 they are 30 % more affordable than the average price for Manahawkin . The properties with the lowest average price have 2 bedrooms, Their price is 16 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,751.
According to average price per property type in Manahawkin, "" priced at $1,577 is 24 % lower than the average price ($2,088) in this city.
