The rent prices in real estate in Rutherford, 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 Rutherford has fallen during the last 6 months. In October, the average price per sq.feet was $3.02. In the following month the price per sq.feet rose considerably to $3.55. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has risen 111 % 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 $2.62 to $2.91 during February, and March.
When referring to the price in Rutherford (cities), this has risen in the last 6 months. The average price for October is $1,457. During November the price had a considerable fall till $1,200. During the following two months (December, January) the average price had a considerable rise of 131 % with regard to the previous two months. 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 1 bedroom are the most expensive ones. At a price of $1,700 they are 2 % more expensive than the average price for Rutherford. Following this ranking we find those properties with 2 at an average price of $1,772. The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,734.
According to average price per property type in Rutherford, "" priced at $1,772 is 4 % more expensive than the average price ($1,700) in this city.