The rent prices in real estate in Mount Royal, 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 Mount Royal has risen strongly during the last 6 months. In April, the average price per sq.feet was $17.5. In the following month the price per sq.feet rose considerably to $34.01. The price for the following two months in (June, July) had a considerable rise of 153 %. The price per sq.feet has fallen 92 % 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 $32.63 to $30.01 during August, and September.
When referring to the price in Mount Royal (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,279. During May the price went through a considerable rise reaching $1,735. In the following two months the average price has hardly changed with regard to the previous two months from $1,507 to $1,476. 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 $1,491.5 and $1,449 between August and September.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,767 in Mount Royal. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($1.03 / sq.feet) in Mount Royal. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable 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 $1,767 it is 8 % more affordable than the average price in Mount Royal. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,617 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.03 / sq.feet followed by "Condo" priced at $25 / sq.feet. "Condo" is the most expensive type of property with a $25 / sq.feet value followed by "House" with an average price of $1.03 / sq.feet.