The rent prices in real estate in Old Bridge, 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 Old Bridge has risen during the last 6 months. In January, the average price per sq.feet was $1.69. In February this price barely changed remaining at $1.69 per sq.feet. The price for the following two months in (March, April) had a considerable rise of 119 %. The price per sq.feet has fallen 86 % 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 $1.85 to $1.6 during May, and June.
When referring to the price in Old Bridge (cities), this has risen considerably in the last 6 months. The rent price in January is $1,282, rising in February till $1,381. During the following two months (March, April) the average price had a considerable rise of 144 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 157 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,426 they are 23 % more affordable than the average price for Old Bridge . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,552.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.99 / sq.feet, with an average $2.19 / sq.feet price in Old Bridge. The properties with the most expensive average prices have 3 bedrooms. They are 5450 % more expensive than the average followed by properties with 1 bedroom with a price at $2.51 / sq.feet.
According to average price per property type in Old Bridge, "" priced at $1,870 is 23 % lower than the average price ($2,426) in this city.