The rent prices in real estate in Old Bridge, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Old Bridge has barely changed in the last 6 months. In April, the average price per sq.feet was $2.03. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (June, July) had a considerable rise of 143 %. The price per sq.feet has had a considerable rise of 118 % 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 $1.84 to $2.18 during August, and September.
When referring to the price in Old Bridge (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,999. During May the price went through a considerable rise reaching $2,662. In the following two months the average price has hardly changed with regard to the previous two months from $2,330.5 to $2,422. 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 $2,376.25 and $2,295 between August and September.
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 $2,243 they are 16 % more affordable than the average price for Old Bridge . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,550.
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 $2.18 / sq.feet price in Old Bridge. The properties with the most expensive average prices have 3 bedrooms. They are 6325 % more expensive than the average followed by properties with 1 bedroom with a price at $2.42 / sq.feet.
According to average price per property type in Old Bridge, "" priced at $1,874 is 16 % lower than the average price ($2,243) in this city.