|Rent Price||Feb||vs Last Month|
|1 bed rentals||$1,478||-1.8%|
|2 bed rentals||$2,167||+7.4%|
|3 bed rentals||$2,374||-2.4%|
|4+ bed rentals||$1,935||-7.9%|
|Rent Type Price||Feb||vs Last Month|
Over the Mar 2020, the average rent for an apartment in/near Franklin Township, NJ increased by 3.9% to $1994. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 1.8% to $1505. Pricing for 2-bed apartment also increased by 7.4% and a place of this size will now cost you $2167. 3-bed apartment rent pricing starts at $2374, it decreased by 2.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 8.5% and made it down to $2100.
The median rent for an apartment in Franklin Township, NJ increased by 9.3% to $2037. Statistics show that house rent price decreased by 24.4% this month making it up to $2395. Condos faced an upward trend these days. The median rent for a condo increased by 1.1%, it’s now available for $1805. The median rent for a loft faced changes as well, it increased by 0.6%, the price tag now starts at $2213. If you’re looking for a room, the price tag still starts at $867. The median price did not change this time.