The rent prices in real estate in Parlin, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Parlin has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.94. In April this price barely changed remaining at $1.93 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.93 to $1.9 per sq.feet. The price per sq.feet has had a considerable rise of 6076 % 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 $1.92 to $116.5 during July, and August.
When referring to the price in Parlin (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,045. In April This price remains at $2,044. In the following two months the average price has hardly changed with regard to the previous two months from $2,044.5 to $2,022. 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 $2,033.25 and $2,063.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,068 they are 22 % more affordable than the average price for Parlin . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,836.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.75 / sq.feet, with an average $1.89 / sq.feet price in Parlin. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.75 / sq.feet.
According to average price per property type in Parlin, "" priced at $1,612 is 22 % lower than the average price ($2,068) in this city.