The rent prices in real estate in Pitman, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Pitman has risen during the last 6 months. In March, the average price per sq.feet was $1.56. In April this price barely changed remaining at $1.58 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $1.57 to $1.78 per sq.feet. The price per sq.feet has risen 112 % 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 $1.67 to $1.88 during July, and August.
When referring to the price in Pitman (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,349. In April This price remains at $1,355. During the following two months (May, June) the price has had an average rise from $1,352 to $1,440. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % during the last two months.
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 $1,521 they are 4 % more affordable than the average price for Pitman . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,492.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.82 / sq.feet, with an average $1.83 / sq.feet price in Pitman. The properties with the most expensive average prices have 3 bedrooms. They are 1048 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.83 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,521 it is 31 % more affordable than the average price in Pitman. "Apartment" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "". At a price of $1,052 it is 2 % more affordable 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 $21 / sq.feet. "Apartment" at an average price of $21 / sq.feet has the highest price and would be directed at more affluent cities.