Property prices for rent in Ocean Grove (New Jersey)

The rent prices in real estate in Ocean Grove, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$3,184.83
Average price last 6 months
$1.92
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ocean Grove has risen during the last 6 months. In September, the average price per sq.feet was $1.72. In the following month the price per sq.feet rose to $1.84. In the following two months the price per sq.feet has risen 114 %, going from $1.78 to $2.03 per sq.feet. 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 $1.9 to $1.95 during January y February

Average price

When referring to the price in Ocean Grove (cities), this has risen considerably in the last 6 months. The rent price in September is $2,771, rising in October till $2,937. During the following two months (November, December) the price has had an average rise from $2,854 to $3,276.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.

Average price per bedrooms

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 $3,494 they are 55 % more affordable than the average price for Ocean Grove . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,074.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.77 / sq.feet, with an average $1.98 / sq.feet price in Ocean Grove. The properties with the most expensive average prices have 4 bedrooms. They are 52 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.04 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,494 it is 40 % more affordable than the average price in Ocean Grove. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,109 it is 10 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.77 / sq.feet followed by "House" priced at $2.31 / sq.feet. "House" is the most expensive type of property with a $2.31 / sq.feet value followed by "Apartment" with an average price of $0.77 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Ocean Grove
Number of properties used in region New Jersey
$3,494
$1.98
1,262
235,340
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value