The rent prices in real estate in Arcata, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Arcata has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In October this price barely changed remaining at $1 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 149 %. The price per sq.feet has had a considerable rise of 135 % 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 $1.25 to $1.67 during January, and February.
When referring to the price in Arcata (cities), there have hardly been any changes in the last 6 months. The average price for September is $1,767. During October the price had a considerable fall till $1,295. During the following two months (November, December) the average price had a considerable rise of 121 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,694.75 and $1,776 between January and February.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 15 % more affordable than the average price of $1,298 in Arcata. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 705 % more expensive than the average price of ($14 / sq.feet) in Arcata. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 705 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,519 it is 15 % more affordable than the average price in Arcata. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Duplex". At a price of $1,288 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $9 / sq.feet followed by "House" priced at $14 / sq.feet. "House" is the most expensive type of property with a $14 / sq.feet value followed by "Duplex" with an average price of $9 / sq.feet.