Property prices for rent in Monroe Township (New Jersey)
The rent prices in real estate in Monroe Township, 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 Monroe Township has fallen during the last 6 months. In November, the average price per sq.feet was $2.05. In December this price barely changed remaining at $2.08 per sq.feet. The price for the following two months in (January, February) fell 86 % 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 $1.92 to $1.9 during March y April
When referring to the price in Monroe Township (cities), this has risen in the last 6 months. The rent price in November is $2,572, rising in December till $2,880. During the following two months (January, February) the price has had an average rise from $2,726 to $2,896. 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 $2,811 and $2,857 between March and April.
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 $2,783 they are 36 % more affordable than the average price for Monroe Township . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,046.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.9 / sq.feet price in Monroe Township. 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 $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,783 it is 42 % more affordable than the average price in Monroe Township. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,797 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "Land" is the most expensive type of property with a $6 / sq.feet value followed by "House" with an average price of $2 / sq.feet.
