The rent prices in real estate in Princeton, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Princeton has fallen during the last 6 months. In February, the average price per sq.feet was $2.66. In March this price barely changed remaining at $2.62 per sq.feet. The price for the following two months in (April, May) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.54 to $2.42 during June y July
When referring to the price in Princeton (cities), this has fallen in the last 6 months. In our first sample month during February, the average price is $3,076. In March This price remains at $3,132. During the following two months (April, May) the average price fell 89 % 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 93 %, going from $2,933 to $2,715.5 in June and July.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $2,764 they are 3 % more expensive than the average price for Princeton. Following this ranking we find those properties with 2 at an average price of $2,952. The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,578.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.86 / sq.feet, with an average $2.27 / sq.feet price in Princeton. The properties with the most expensive average prices have 2 bedrooms. They are 205 % more expensive than the average followed by properties with 1 bedroom with a price at $3.33 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,764 it is 28 % more affordable than the average price in Princeton. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $3,228 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.66 / sq.feet followed by "Townhouse" priced at $2.74 / sq.feet. "House" is the most expensive type of property with a $36.78 / sq.feet value followed by "Apartment" with an average price of $2.86 / sq.feet.