Property prices for rent in Scotch Plains (New Jersey)

The rent prices in real estate in Scotch Plains, 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.

$2,004.6
Average price last 6 months
$6.6
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Scotch Plains has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $2. The price for the following two months in (December, January) had a considerable rise of 1200 %. The price per sq.feet has had a considerable fall of 54 % 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 $6.5 to $3.5 during February, and March.

Average price

When referring to the price in Scotch Plains (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $2,107. During the following two months (December, January) the average price had a considerable rise of 181 % 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 had a strong increase of 139 % during the last two months.

Average price per bedrooms

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 $2,104 they are 23 % more affordable than the average price for Scotch Plains . The properties with the lowest average price have 2 bedrooms, Their price is 15 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,620.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 900 % more expensive than the average price of ($10 / sq.feet) in Scotch Plains. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 900 % more expensive than the average value aforementioned.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,104 it is 15 % more affordable than the average price in Scotch Plains. "House" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of $1,788 it is 8 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $10 / sq.feet followed by "Office" priced at $274 / sq.feet. "Office" is the most expensive type of property with a $274 / sq.feet value followed by "House" with an average price of $10 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Scotch Plains
Number of properties used in region New Jersey
$2,104
$1
52
65,716
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value