Property prices for rent in Mount Royal (New Jersey)

The rent prices in real estate in Mount Royal, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,500.4
Average price last 6 months
$30.41
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mount Royal has had a strong fall during the last 6 months. In August, the average price per sq.feet was $59. In the following month the price per sq.feet fell considerably to $1.03. The price for the following two months in (October, November) had a considerable fall of 55 with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $23.26 to $29.5 during December, and January.

Average price

When referring to the price in Mount Royal (cities), this has risen in the last 6 months. The average price during our first sample month during August, is $1,131. During September the price went through a considerable rise reaching $1,767. During the following two months (October, November) the average price had a considerable fall of 60 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % during the last two months.

Average price per bedrooms

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 $1,129 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 ($58 / 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.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,129 it is 0 % more affordable than the average price in Mount Royal. "Condo" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,129 it is 43 % 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 $24 / sq.feet followed by "House" priced at $58 / sq.feet. "House" is the most affordable type of property with a $58 / sq.feet value followed by "Condo" with an average price of $24 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Mount Royal
Number of properties used in region New Jersey
$1,129
$58
74
121,722
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value