|Rent Price||May||vs Last Month|
|1 bed apartments||$1,750||+10.6%|
|2 bed apartments||$1,600||-48.7%|
|3 bed apartments||$1,500||N/A|
|Rent Type Price||May||vs Last Month|
Over the May 2020, the average rent for an apartment in/near Highlands, NJ decreased by 19.5% to $1,675. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 10.6% to $1,750. Pricing for 2-bed apartment also decreased by 48.7% and a place of this size will now cost you $1,600. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,500.
The median rent for a house is still $2,600 with no significant changes this month. Condos faced an upward trend these days. The median rent for a condo increased by 9.5%, it’s now available for $1,750. You can now rent a duplex for $1,600, duplex rent price increased by 7.5% this month.