The rent prices in real estate in Monmouth Junction, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Monmouth Junction has fallen during the last 6 months. In March, the average price per sq.feet was $2.33. In the following month the price per sq.feet rose to $2.46. The price for the following two months in (May, June) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.17 to $2.15 during July y August
When referring to the price in Monmouth Junction (cities), there have hardly been any changes in the last 6 months. The average price for March is $2,560. During April the price had a slight fall till $2,404. During the following two months (May, June) the average price had a considerable rise of 127 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,820.25 to $2,342.5, which means a 83 % fall.
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 $2,276 they are 35 % more affordable than the average price for Monmouth Junction . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,323.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.31 / sq.feet, with an average $2.31 / sq.feet price in Monmouth Junction. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.31 / sq.feet.
According to average price per property type in Monmouth Junction, "" priced at $1,479 is 35 % lower than the average price ($2,276) in this city.