Property prices for rent in Port Monmouth (New Jersey)
The rent prices in real estate in Port Monmouth, 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 Port Monmouth has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.2. In the following month the price per sq.feet rose considerably to $7. The price for the following two months in (December, January) had a considerable fall of 44 with regard to the previous two months. The price per sq.feet has had a considerable fall of 56 % 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 $3.3 to $1.84 during February, and March.
When referring to the price in Port Monmouth (cities), this has fallen considerably in the last 6 months. The average price for October is $5,500. During November the price had a considerable fall till $3,371. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $4,210.25 to $3,658 in February and March.
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 $3,616 they are 66 % more affordable than the average price for Port Monmouth . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 32 % more affordable than the average aforementioned.
