The rent prices in real estate in Anaheim, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Anaheim has had a strong fall during the last 6 months. In July, the average price per sq.feet was $10.42. In the following month the price per sq.feet fell considerably to $2.3. The price for the following two months in (September, October) had a considerable fall of 37 with regard to the previous two months. The price per sq.feet has had a considerable fall of 52 % 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 $4.36 to $2.28 during November, and December.
When referring to the price in Anaheim (cities), there have hardly been any changes in the last 6 months. The rent price in July is $2,147, rising in August till $2,257. In the following two months the average price has hardly changed with regard to the previous two months from $2,202 to $2,310.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,256.25 to $2,088.5 in November and December.
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 $1,952 they are 8 % more affordable than the average price for Anaheim . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,932.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.69 / sq.feet, with an average $2.36 / sq.feet price in Anaheim. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.28 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,952 it is 8 % more affordable than the average price in Anaheim. "Condo" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "House". At a price of $2,853 it is 279 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.89 / sq.feet followed by "Office" priced at $2 / sq.feet. "Apartment" is the most expensive type of property with a $2.51 / sq.feet value followed by "Condo" with an average price of $2.03 / sq.feet.