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 February, the average price per sq.feet was $1.42. In the following month the price per sq.feet rose to $1.5. In the following two months the price per sq.feet has risen 111 %, going from $1.46 to $1.62 per sq.feet. The price per sq.feet has risen 114 % 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 $1.54 to $1.75 during June, and July.
When referring to the price in Williamstown (cities), there have hardly been any changes in the last 6 months. The average price for February is $1,429. During March the price had a considerable fall till $1,194. In the following two months the average price has hardly changed with regard to the previous two months from $1,311.5 to $1,253. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % 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 $1,965 they are 25 % more affordable than the average price for Williamstown . The properties with the lowest average price have 4 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,717.
According to average price per property type in Williamstown, "" priced at $1,556 is 21 % lower than the average price ($1,965) in this city.