The rent prices in real estate in Manville, 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 Manville has had a strong fall during the last 6 months. In August, the average price per sq.feet was $1.61. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (October, November) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable rise of 121 % 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 $1.15 to $1.39 during December, and January.
When referring to the price in Manville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $1,432. During September the price went through a considerable rise reaching $1,683. During the following two months (October, November) the price has had an average rise from $1,557.5 to $1,683. 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 $1,620.25 and $1,604 between December and January.
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 $1,525 they are 11 % more affordable than the average price for Manville . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,360.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more expensive than the average price of ($1.85 / sq.feet) in Manville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more expensive than the average value aforementioned.
According to average price per property type in Manville, "" priced at $1,472 is 3 % lower than the average price ($1,525) in this city.