Property prices for rent in Morganville (New Jersey)
The rent prices in real estate in Morganville, 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 Morganville has fallen during the last 6 months. In October, the average price per sq.feet was $2.21. In the following month the price per sq.feet fell to $1.96. In the following two months the price per sq.feet has practically remained the same, going from $2.09 to $2 per sq.feet. 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 $2.04 to $2.07 during February y March
When referring to the price in Morganville (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,503. In November This price remains at $3,353. In the following two months the average price has hardly changed with regard to the previous two months from $3,428 to $3,298. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,363 to $3,173 in February and March.
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 $3,164 they are 39 % more affordable than the average price for Morganville . The properties with the lowest average price have 4 bedrooms, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,503.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 28511 % more expensive than the average price of ($618 / sq.feet) in Morganville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 28511 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,164 it is 31 % more affordable than the average price in Morganville. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,184 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $20 / sq.feet followed by "House" priced at $1,091 / sq.feet. "House" is the most expensive type of property with a $1,091 / sq.feet value followed by "Condo" with an average price of $20 / sq.feet.
