Property prices for rent in Passaic (New Jersey)

The rent prices in real estate in Passaic, 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.

$1,612.4
Average price last 6 months
$197.05
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Passaic has risen strongly during the last 6 months. In April, the average price per sq.feet was $2.81. In the following month the price per sq.feet rose considerably to $817. The price for the following two months in (June, July) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 16 % 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 $228.31 to $36 during August, and September.

Average price

When referring to the price in Passaic (cities), this has fallen in the last 6 months. The average price during our first sample month during April, is $1,481. During May the price went through a considerable rise reaching $1,813. During the following two months (June, July) the average price fell 95 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,602.25 to $826.5, which means a 52 % fall.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Passaic
Number of properties used in region New Jersey
No data
No data
58
78,766
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value