Property prices for rent in Whippany (New Jersey)

The rent prices in real estate in Whippany, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$3,896
Average price last 6 months
$3.2
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Whippany has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.11. In the following month the price per sq.feet fell considerably to $3.44. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $3.44 to $2.72 during February, and March.

Average price

When referring to the price in Whippany (cities), there have hardly been any changes in the last 6 months. The average price for October is $4,051. During November the price had a slight fall till $3,786. In the following two months the average price has hardly changed with regard to the previous two months from $3,918.5 to $3,918. 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 $3,918.25 and $3,851.5 between February and March.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $3,197 in Whippany. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 7 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 2 bedrooms are 4 % more affordable than the average price of ($2.57 / sq.feet) in Whippany. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more expensive than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Whippany
Number of properties used in region New Jersey
$3,791
$2.69
146
221,602
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value