The rent prices in real estate in Williamstown, 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 Williamstown has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.5. In April this price barely changed remaining at $1.54 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $1.52 to $1.7 per sq.feet. The price per sq.feet has had a considerable rise of 116 % 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 $1.61 to $1.87 during July, and August.
When referring to the price in Williamstown (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,194. In April This price remains at $1,235. During the following two months (May, June) the price has had an average rise from $1,214.5 to $1,361. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 161 % 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 $2,192 they are 33 % more affordable than the average price for Williamstown . The properties with the lowest average price have 4 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,715.
According to average price per property type in Williamstown, "" priced at $1,554 is 29 % lower than the average price ($2,192) in this city.