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 January, the average price per sq.feet was $2.1. In February this price barely changed remaining at $2.01 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.06 to $2.11 per sq.feet. The price per sq.feet has had a considerable rise of 28321 % 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 $2.08 to $589.07 during May, and June.
When referring to the price in Tinton Falls (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $1,773. During February the price went through a considerable rise reaching $2,118. During the following two months (March, April) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $2,320 they are 21 % more affordable than the average price for Tinton Falls . The properties with the lowest average price have 2 bedrooms, Their price is 12 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,896.
According to average price per property type in Tinton Falls, "" priced at $1,824 is 21 % lower than the average price ($2,320) in this city.