Property prices for rent in Somers Point (New Jersey)

The rent prices in real estate in Somers Point, 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.

$1,560.33
Average price last 6 months
$1.22
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Somers Point has risen strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.44. The price for the following two months in (January, February) had a considerable rise of 208 %. The price per sq.feet has had a considerable rise of 129 % 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 $1.11 to $1.43 during March, and April.

Average price

When referring to the price in Somers Point (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,054. During December the price went through a considerable rise reaching $1,957. During the following two months (January, February) the price has had an average rise from $1,505.5 to $1,626. 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 $1,565.75 and $1,549.5 between March and April.

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 $1,981 they are 50 % more affordable than the average price for Somers Point . The properties with the lowest average price have 2 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $993.

Price per property type

According to average price per property type in Somers Point, "" priced at $1,105 is 44 % lower than the average price ($1,981) in this city.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Somers Point
Number of properties used in region New Jersey
$1,981
$1.87
56
125,380
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value