Property prices for rent in Pompton Lakes (New Jersey)
The rent prices in real estate in Pompton Lakes, 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 Pompton Lakes has risen strongly during the last 6 months. In October, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $2.94. The price for the following two months in (December, January) had a considerable rise of 14094 %. The price per sq.feet has had a considerable fall of 2 % 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 $175.3 to $2.77 during February, and March.
When referring to the price in Pompton Lakes (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,047. During November the price went through a considerable rise reaching $2,531. In the following two months the average price has hardly changed with regard to the previous two months from $2,289 to $2,394.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,588 they are 40 % more affordable than the average price for Pompton Lakes . The properties with the lowest average price have 2 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,160.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $2.75 / sq.feet price in Pompton Lakes. The properties with the most expensive average prices have 2 bedrooms. They are 18409 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
According to average price per property type in Pompton Lakes, "" priced at $1,540 is 40 % lower than the average price ($2,588) in this city.
