The rent prices in real estate in South Plainfield, 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 South Plainfield has risen during the last 6 months. In October, the average price per sq.feet was $2.26. In November this price barely changed remaining at $2.24 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.25 to $2.32 per sq.feet. 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 $2.28 to $2.55 during February, and March.
When referring to the price in South Plainfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,614. In November This price remains at $2,674. In the following two months the average price has hardly changed with regard to the previous two months from $2,644 to $2,697.5. 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 $2,670.75 and $2,622.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,582 they are 35 % more affordable than the average price for South Plainfield . The properties with the highest average price have 3 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,532.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.48 / sq.feet, with an average $2.65 / sq.feet price in South Plainfield. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.64 / sq.feet.
According to average price per property type in South Plainfield, "" priced at $1,691 is 35 % lower than the average price ($2,582) in this city.