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.
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
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.
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.
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.