Property prices for rent in Monmouth Junction (New Jersey)
The rent prices in real estate in Monmouth Junction, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Monmouth Junction has barely changed in the last 6 months. In November, the average price per sq.feet was $2.28. In December this price barely changed remaining at $2.34 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.31 to $2.22 per sq.feet. The price per sq.feet has risen 106 % 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 $2.27 to $2.39 during March, and April.
When referring to the price in Monmouth Junction (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $2,299. In December This price remains at $2,340. In the following two months the average price has hardly changed with regard to the previous two months from $2,319.5 to $2,435. 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 $2,377.25 and $2,482 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,404 they are 38 % more affordable than the average price for Monmouth Junction . The properties with the highest average price have 3 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,534.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.46 / sq.feet price in Monmouth Junction. The properties with the most expensive average prices have 2 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $2.41 / sq.feet.
According to average price per property type in Monmouth Junction, "" priced at $1,487 is 38 % lower than the average price ($2,404) in this city.
