The rent prices in real estate in New Brunswick, 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 New Brunswick has fallen during the last 6 months. In March, the average price per sq.feet was $2.78. In April this price barely changed remaining at $2.76 per sq.feet. The price for the following two months in (May, June) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $2.66 to $2.48 during July, and August.
When referring to the price in New Brunswick (cities), this has risen in the last 6 months. The rent price in March is $1,862, rising in April till $2,121. During the following two months (May, June) the price has had an average rise from $1,991.5 to $2,113.5. 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 $2,052.5 and $1,993 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $2,046 they are 2 % more expensive than the average price for New Brunswick. Following this ranking we find those properties with 3 at an average price of $2,194. The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,438.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.36 / sq.feet, with an average $2.5 / sq.feet price in New Brunswick. The properties with the most expensive average prices have 3 bedrooms. They are 14540 % more expensive than the average followed by properties with 1 bedroom with a price at $2.59 / sq.feet.
According to average price per property type in New Brunswick, "" priced at $2,082 is 2 % more expensive than the average price ($2,046) in this city.