The rent prices in real estate in Stanhope, 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.
The price per sq.feet in Stanhope 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 . The price for the following two months in (December, January) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 200 % 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 to $2 during February, and March.
When referring to the price in Stanhope (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,934. In November This price remains at $1,861. In the following two months the average price has hardly changed with regard to the previous two months from $1,897.5 to $1,898. 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 $1,897.75 and $1,898 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,892 in Stanhope. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.