Property prices for rent in Monmouth Beach (New Jersey)
The rent prices in real estate in Monmouth Beach, 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 Monmouth Beach has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.52. In December this price barely changed remaining at $2.54 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 282 %. The price per sq.feet has had a considerable rise of 151 % 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 $4.84 to $7.3 during March, and April.
When referring to the price in Monmouth Beach (cities), this has risen considerably in the last 6 months. The average price for November is $3,606. During December the price had a slight fall till $3,425. During the following two months (January, February) the average price had a considerable rise of 402 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 148 % 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 $14,288 they are 78 % more affordable than the average price for Monmouth Beach . The properties with the lowest average price have 4 bedrooms, Their price is 38 % more affordable than the average. After that we have properties with 3 bedrooms priced at $6,222.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $6.99 / sq.feet price in Monmouth Beach. The properties with the most affordable average prices have 1 bedroom. They are 42 % more affordable than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
According to average price per property type in Monmouth Beach, "" priced at $5,270 is 63 % lower than the average price ($14,288) in this city.
