The rent prices in real estate in Runnemede, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Runnemede has risen during the last 6 months. In October, the average price per sq.feet was $1.34. In the following month the price per sq.feet rose to $1.42. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 126 % 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 $1.33 to $1.67 during February, and March.
When referring to the price in Runnemede (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,296. In November This price remains at $1,336. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,257.25 and $1,229.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,301 they are 21 % more affordable than the average price for Runnemede . The properties with the lowest average price have 1 bedroom, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,153.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % more expensive than the average price of ($1.77 / sq.feet) in Runnemede. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % more expensive than the average value aforementioned.
According to average price per property type in Runnemede, "" priced at $1,031 is 21 % lower than the average price ($1,301) in this city.