The rent prices in real estate in Tinton Falls, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Tinton Falls has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1,175. In the following month the price per sq.feet fell considerably to $627. The price for the following two months in (February, March) fell 85 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $834.55 to $1.92 during April, and May.
When referring to the price in Tinton Falls (cities), there have hardly been any changes in the last 6 months. The average price for December is $2,317. During January the price had a slight fall till $2,126. In the following two months the average price has hardly changed with regard to the previous two months from $2,221.5 to $2,250. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,604 they are 30 % more affordable than the average price for Tinton Falls . The properties with the lowest average price have 2 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,884.
According to average price per property type in Tinton Falls, "" priced at $1,812 is 30 % lower than the average price ($2,604) in this city.