The rent prices in real estate in New Brunswick, 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 New Brunswick has risen strongly during the last 6 months. In August, the average price per sq.feet was $2.18. In the following month the price per sq.feet rose considerably to $2.57. The price for the following two months in (October, November) had a considerable rise of 116 %. 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 $2.56 to $2.67 during December y January
When referring to the price in New Brunswick (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $2,079. In September This price remains at $2,111. In the following two months the average price has hardly changed with regard to the previous two months from $2,095 to $2,040.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,067.75 to $1,843 in December and January.
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 $1,867 they are 6 % more affordable than the average price for New Brunswick . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,345.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.46 / sq.feet, with an average $2.74 / sq.feet price in New Brunswick. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.46 / sq.feet.
According to average price per property type in New Brunswick, "" priced at $2,103 is 13 % more expensive than the average price ($1,867) in this city.