The rent prices in real estate in Rancho Cucamonga, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Rancho Cucamonga has risen during the last 6 months. In October, the average price per sq.feet was $1.97. In November this price barely changed remaining at $1.95 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $1.96 to $2.18 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 $2.07 to $2.36 during February, and March.
When referring to the price in Rancho Cucamonga (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,359. In November This price remains at $3,348. In the following two months the average price has hardly changed with regard to the previous two months from $3,353.5 to $3,227. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,290.25 to $3,105 in February and March.
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 $3,104 they are 22 % more affordable than the average price for Rancho Cucamonga . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,402.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.77 / sq.feet, with an average $2.36 / sq.feet price in Rancho Cucamonga. The properties with the most expensive average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.67 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,104 it is 38 % more affordable than the average price in Rancho Cucamonga. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $3,795 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "Condo" priced at $1.88 / sq.feet. "House" is the most expensive type of property with a $2.81 / sq.feet value followed by "Apartment" with an average price of $2.47 / sq.feet.