The rent prices in real estate in Verona, 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 Verona has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $2. The price for the following two months in (September, October) had a considerable rise of 4758 %. The price per sq.feet has had a considerable fall of 43 % 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 $24.29 to $10.36 during November, and December.
When referring to the price in Verona (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $2,840. During the following two months (September, October) the average price had a considerable rise of 153 % 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 had a strong increase of 167 % 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 $3,100 they are 18 % more affordable than the average price for Verona . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,800.
According to average price per property type in Verona, "" priced at $2,800 is 10 % lower than the average price ($3,100) in this city.