The rent prices in real estate in Tinton Falls, 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 Tinton Falls has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1,177.14. The price for the following two months in (July, August) had a considerable rise of 170 %. The price per sq.feet has had a considerable rise of 132 % 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 $793.86 to $1,050.69 during September, and October.
When referring to the price in Tinton Falls (cities), this has fallen in the last 6 months. In our first sample month during May, the average price is $2,432. In June This price remains at $2,320. During the following two months (July, August) the average price fell 93 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,295.25 to $1,907.5, which means a 83 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $1,733 they are 5 % more expensive than the average price for Tinton Falls. Following this ranking we find those properties with 1 at an average price of $1,888. The properties with the highest average price have 2 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,888.
According to average price per property type in Tinton Falls, "" priced at $1,816 is 5 % more expensive than the average price ($1,733) in this city.