Property prices for rent in Palisades Park (New Jersey)

The price per sq.feet in Palisades Park has fallen during the last 6 months. In November, the average price per sq.feet was $2.64. In December this price barely changed remaining at $2.68 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.66 to $2.57 per sq.feet. The price per sq.feet has fallen 88 % 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 $2.61 to $2.29 during March, and April.

When referring to the price in Palisades Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,988. In December This price remains at $3,069. In the following two months the average price has hardly changed with regard to the previous two months from $3,028.5 to $3,171.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,100 to $2,903 in March and April.

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 15 % more affordable than the average price of $2,388 in Palisades Park. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % more affordable than the average price of ($2.05 / sq.feet) in Palisades Park. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % more affordable than the average value aforementioned.