Property prices for rent in Union (New Jersey)
The rent prices in real estate in Union, in the New Jersey region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Union has fallen during the last 6 months. In October, the average price per sq.feet was $3.7. In November this price barely changed remaining at $3.6 per sq.feet. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.5 to $3.34 during February y March
When referring to the price in Union (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,831. During November the price had a slight fall till $2,683. In the following two months the average price has hardly changed with regard to the previous two months from $2,757 to $2,651.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,927 they are 20 % more affordable than the average price for Union . The properties with the highest average price have 4 bedrooms, Their price is 137 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,907.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.13 / sq.feet, with an average $3.41 / sq.feet price in Union. The properties with the most expensive average prices have 1 bedroom. They are 0 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.41 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,927 it is 3 % more affordable than the average price in Union. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $3,285 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $3 / sq.feet followed by "House" priced at $4.01 / sq.feet. "Condo" is the most expensive type of property with a $4.52 / sq.feet value followed by "House" with an average price of $4.01 / sq.feet.
