Property prices for rent in Pitman (New Jersey)

The rent prices in real estate in Pitman, 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.

$1,235.5
Average price last 6 months
$1.6
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pitman has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.42. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (April, May) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable rise of 235 % 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 $1.11 to $2.6 during June, and July.

Average price

When referring to the price in Pitman (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $1,091. During March the price went through a considerable rise reaching $1,264. In the following two months the average price has hardly changed with regard to the previous two months from $1,177.5 to $1,137. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,250 they are 21 % more affordable than the average price for Pitman . The properties with the highest average price have 2 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 1 bedroom priced at $982.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 554 % more expensive than the average price of ($34 / sq.feet) in Pitman. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 554 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,250 it is 14 % more affordable than the average price in Pitman. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "". At a price of $1,078 it is 21 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $34 / sq.feet. "Apartment" at an average price of $34 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Pitman
Number of properties used in region New Jersey
$1,250
$5.2
48
66,754
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value