The rent prices in real estate in Rio Grande, 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 Rio Grande has fallen during the last 6 months. In November, the average price per sq.feet was $4.67. In the following month the price per sq.feet fell to $4.18. The price for the following two months in (January, February) fell 90 % 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 $4.2 to $4.31 during March y April
When referring to the price in Rio Grande (cities), this has fallen considerably in the last 6 months. The average price for November is $11,180. During December the price had a slight fall till $9,721. During the following two months (January, February) the average price had a considerable fall of 79 % 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 85 %, going from $9,357.5 to $7,994 in March and April.
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 $7,756 they are 71 % more affordable than the average price for Rio Grande . The properties with the highest average price have 3 bedrooms, Their price is 128 % more expensive than the average. After that we have properties with 4 bedrooms priced at $16,858.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $4.25 / sq.feet price in Rio Grande. The properties with the most expensive average prices have 3 bedrooms. They are 41 % more expensive than the average followed by properties with 4 bedrooms with a price at $5 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $7,756 it is 0 % more expensive than the average price in Rio Grande. "Condo" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "Condo". At a price of $14,494 it is 144 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3 / sq.feet followed by "Land" priced at $4 / sq.feet. "Condo" is the most expensive type of property with a $6 / sq.feet value followed by "Land" with an average price of $4 / sq.feet.