The rent prices in real estate in Vineland, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Vineland has risen during the last 6 months. In December, the average price per sq.feet was $1.11. In January this price barely changed remaining at $1.12 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $1.12 to $1.24 per sq.feet. The price per sq.feet has risen 106 % 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 $1.17 to $1.25 during April, and May.
When referring to the price in Vineland (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,125. In January This price remains at $1,173. In the following two months the average price has hardly changed with regard to the previous two months from $1,149 to $1,144.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,146.75 and $1,204 between April and May.
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 $1,209 they are 21 % more affordable than the average price for Vineland . The properties with the highest average price have 3 bedrooms, Their price is 45 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,636.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more affordable than the average price of ($1 / sq.feet) in Vineland. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more affordable than the average value aforementioned.
According to average price per property type in Vineland, "" priced at $1,074 is 11 % lower than the average price ($1,209) in this city.