Property prices for rent in Arizona region
The average rent price in the Arizona region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Arizona has barely changed in the last 6 months. During October, the average price per sq.feet was $1.59. The following month the price fell to $1.5 per sq.feet. The following two months (December, January) went through a rise of 107 % in the rent price per sq.feet rising from $1.54 to $1.65 per sq.feet. In the last two months, the price per sq.feet has risen 110 %. This has been obtained by comparing the price $1.6 for the first four months of the sample with regard to the previous 4 months and the price $1.75 per sq.feet for the last two months (February, March).
When referring to the price in Arizona(region), this has risen in the last 6 months. In the first month sample for October the average price is $1,594. During November it went through a strong rise reaching $1,841 The average price for the following two months (December, January) rose from $1,717.5 to $1,885.5. During the last two months the average price has not gone through any changes and has gone from $1,801.5 to $1,723 during February and March.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 15 % cheaper than the average price in Arizona followed by those with 2 with an average price of $1,772. The most expensive properties have 4 bedrooms. They are 51 % more expensive than the average followed by those properties with 3 bedrooms priced at $2,007.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.3 / sq.feet being $1.73 / sq.feet the average for Arizona. The properties with the highest average price are those with 1 bedroom. These are 20 % more expensive than the average followed by those with 2 bedrooms with a price of $1.76 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $1,728 it is 3 % cheaper than the average in Arizona. This is followed by "Condo" with a cost of $1,737. The most expensive property type is "" and is 77 % more costly than the average, followed by "Apartment" with a cost of $2,166.
Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $1 / sq.feet, followed by "House" with a price of $1.39 / sq.feet. "Land" with an average price of $1.81 / sq.feet is the most expensive type of property followed by "Apartment" at a price of $1.58 / sq.feet.
