Property prices for rent in West Milford (New Jersey)

The rent prices in real estate in West Milford, 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.

$2,734.17
Average price last 6 months
$48.38
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Milford has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.68. In the following month the price per sq.feet fell to $2.34. The price for the following two months in (December, January) had a considerable rise of 4078 %. The price per sq.feet has had a considerable fall of 77 % 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 $52.44 to $40.24 during February, and March.

Average price

When referring to the price in West Milford (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,742. In November This price remains at $2,849. In the following two months the average price has hardly changed with regard to the previous two months from $2,795.5 to $2,789. 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 $2,792.25 to $2,618 in February and March.

Average price per bedrooms

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 $2,693 they are 28 % more affordable than the average price for West Milford . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,100.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.1 / sq.feet, with an average $2.88 / sq.feet price in West Milford. The properties with the most expensive average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.67 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $2,693 it is 36 % more affordable than the average price in West Milford. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Commercial". At a price of $1,727 it is 15 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $257 / sq.feet. "Commercial" at an average price of $257 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in West Milford
Number of properties used in region New Jersey
$2,693
$2.88
184
221,602
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value