The rent prices in real estate in Union City, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Union City has barely changed in the last 6 months. In April, the average price per sq.feet was $3.23. In the following month the price per sq.feet fell to $2.98. The price for the following two months in (June, July) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 118 % 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 $3.02 to $3.56 during August, and September.
When referring to the price in Union City (cities), there have hardly been any changes in the last 6 months. The rent price in April is $2,770, rising in May till $2,930. In the following two months the average price has hardly changed with regard to the previous two months from $2,850 to $2,839.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,844.75 to $2,675.5 in August and September.
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 $2,694 they are 19 % more affordable than the average price for Union City . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,105.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.12 / sq.feet, with an average $3.49 / sq.feet price in Union City. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.33 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,694 it is 30 % more affordable than the average price in Union City. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,786 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2.84 / sq.feet followed by "House" priced at $3.25 / sq.feet. "Townhouse" is the most expensive type of property with a $21 / sq.feet value followed by "Apartment" with an average price of $4.42 / sq.feet.