Property prices for rent in Point Pleasant Beach (New Jersey)
The rent prices in real estate in Point Pleasant Beach, 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 Point Pleasant Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.14. In the following month the price per sq.feet rose considerably to $2.62. In the following two months the price per sq.feet has practically remained the same, going from $2.38 to $2.41 per sq.feet. The price per sq.feet has had a considerable rise of 129 % 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 $2.4 to $3.1 during February, and March.
When referring to the price in Point Pleasant Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $4,641. During November the price went through a considerable rise reaching $5,790. In the following two months the average price has hardly changed with regard to the previous two months from $5,215.5 to $5,300. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $6,264 they are 50 % more affordable than the average price for Point Pleasant Beach . The properties with the highest average price have 4 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,603.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.07 / sq.feet, with an average $3.31 / sq.feet price in Point Pleasant Beach. The properties with the most expensive average prices have 2 bedrooms. They are 32 % more expensive than the average followed by properties with 1 bedroom with a price at $4.28 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $6,264 it is 65 % more affordable than the average price in Point Pleasant Beach. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Detached House". At a price of $7,147 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "House" priced at $2.96 / sq.feet. "Condo" is the most expensive type of property with a $6.49 / sq.feet value followed by "Apartment" with an average price of $2.99 / sq.feet.
