Property prices for rent in New Jersey region

The average rent price in the New Jersey region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$2,036.83
Average price last 6 months
$11.00
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Jersey has risen considerably in the last 6 months. During December, the average price per sq.feet was $2.33. In January the price barely changed remaining at $2.39 per sq.feet. The following two months (February, March) went through a fall of 93 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant rise of 1246 %. This has been obtained by comparing the price of $2.28 for the first four months of the sample with regard to the previous 4 months and the price of $28.43 per sq.feet for the last two months (April, May).

Average price

When referring to the price in New Jersey(region), there have hardly been any changes in the last 6 months. In the first month sample December the average price is $2,099. In January the price remains at $2,071. In the following two months the average price practically remained the same compared to the previous two going from $2,085 to $1,991. During the last two months the average price has not gone through any changes and has gone from $2,038 to $2,034.5 during April and May.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most expensive ones. They are 9 % more costly than the average price in New Jersey followed by those properties with 2 with an average price of $2,271. The most expensive properties have 4 bedrooms. They are 47 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,300.

Based on the average price per sq.feet those properties with 1 bedroom are the most affordable ones with a price of $6.19 / sq.feet being $54.47 / sq.feet the average for New Jersey. The properties with the highest average price are those with 4 bedrooms. These are 900 % more expensive than the average followed by those with 3 bedrooms with a price of $115.26 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,966 it is 35 % cheaper than the average in New Jersey. This is followed by "Apartment" with a cost of $1,922. The most expensive property type is "House" and is 15 % more costly than the average, followed by "Townhouse" with a cost of $2,209.

Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1 / sq.feet, followed by "House" with a price of $2.68 / sq.feet. "Condo" with an average price of $364.42 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $191.7 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in region New Jersey
$1,966
$54.47
60,548
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Avalon Piscataway 2 Bedroom Apartment For Rent At 340 Stelton Road, Piscataway Township, N...
 20
Avalon Piscataway 2 Bedroom Apartment For Rent At 340 Stelton Road, Piscataway Township, N...
$2,317
New Jersey - For Rent - Apartment - 1,235 sq.feet - 2 bedrooms - 2 bathrooms
Roadways including i-287, route 18, the new jersey turnpike, and the garden state... Avalon piscataway features brand new, studio, 1, 2, and 3 bedroom piscataway...
Avalon Princeton 1 Bedroom Apartment For Rent At 100 Albert Way, Princeton, Nj 08540
 20
Avalon Princeton 1 Bedroom Apartment For Rent At 100 Albert Way, Princeton, Nj 08540
$2,920
Princeton, New Jersey - For Rent - Apartment - 801 sq.feet - 1 bedroom - 1 bathroom
Avalon princeton features brand new studio, 1, 2, and 3 bedroom apartments and townhome apartments in princeton, nj within walking distance to princeton university...
Avalon West Long Branch 1 Bedroom Apartment For Rent At 10 Avalon Court, West Long Branch,...
 20
Avalon West Long Branch 1 Bedroom Apartment For Rent At 10 Avalon Court, West Long Branch,...
$1,805
West Long Branch, New Jersey - For Rent - Apartment - 730 sq.feet - 1 bedroom - 1 bathroom
Brand new 1, 2 or 3 bedroom luxury apartments feature gourmet kitchens and smartly...
Avalon West Long Branch 2 Bedroom Apartment For Rent At 10 Avalon Court, West Long Branch,...
 20
Avalon West Long Branch 2 Bedroom Apartment For Rent At 10 Avalon Court, West Long Branch,...
$2,520
West Long Branch, New Jersey - For Rent - Apartment - 1,107 sq.feet - 2 bedrooms - 2 bathrooms
Brand new 1, 2 or 3 bedroom luxury apartments feature gourmet kitchens and smartly...
Eaves Lawrenceville 1 Bedroom Apartment For Rent At 1000 Town Court South, Lawrenceville, ...
 20
Eaves Lawrenceville 1 Bedroom Apartment For Rent At 1000 Town Court South, Lawrenceville, ...
$1,650
Lawrenceville, New Jersey - For Rent - Apartment - 857 sq.feet - 1 bedroom - 1 bathroom
Eaves lawrenceville is ideally located in lawrenceville, nj and features sensible and spacious 1, 2, and 3 bedroom apartment homes. Each of our lawrenceville...