Property prices for rent in Pennington (New Jersey)

The rent prices in real estate in Pennington, 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.

$2,454
Average price last 6 months
$60.55
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pennington has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (July, August) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 21818 % 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 $0.41 to $90 during September, and October.

Average price

When referring to the price in Pennington (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching . During the following two months (July, August) the average price had a considerable rise of 2147483647 % 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 440 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,531 they are 0 % more affordable than the average price for Pennington . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,522.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $87 / sq.feet, with an average $90 / sq.feet price in Pennington. The properties with the most affordable average prices have 1 bedroom. They are 2 % more affordable than the average followed by properties with 2 bedrooms with a price at $87 / sq.feet.

Price per property type

With regard to the average price based upon the property in Pennington we can see that the most affordable property type is "House" at a price of $2,522, they are 0 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 0 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most affordable property type is "House with an average cost of $87 / sq.feet. "House" with an average price of $87 / sq.feet has the most affordable price and would be directed at less affluent cities.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Pennington
Number of properties used in region New Jersey
$2,531
$90
20
68,272
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value