Property prices for rent in Mount Royal (New Jersey)

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.

$1,477.33
Average price last 6 months
$31.76
Price/sq.feet last 6 months
Average price per sq.feet

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.

Average price

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.

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 $1,767 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.

Price per property type

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.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Mount Royal
Number of properties used in region New Jersey
$1,767
$1.03
122
186,172
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value