The rent prices in real estate in Arvin, 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 Arvin has risen during the last 6 months. In November, the average price per sq.feet was $1.25. In December this price barely changed remaining at $1.27 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.26 to $1.36 per sq.feet. The price per sq.feet has risen 106 % 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 $1.31 to $1.38 during March, and April.
When referring to the price in Arvin (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,486. In December This price remains at $1,519. In the following two months the average price has hardly changed with regard to the previous two months from $1,502.5 to $1,470. 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 $1,486.25 and $1,455.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,429 they are 4 % more affordable than the average price for Arvin . The properties with the highest average price have 1 bedroom, Their price is 8 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,415.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.39 / sq.feet price in Arvin. The properties with the most expensive average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.37 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,429 it is 5 % more affordable than the average price in Arvin. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,353 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $1.51 / sq.feet followed by "Apartment" priced at $1.62 / sq.feet. "Apartment" is the most expensive type of property with a $1.62 / sq.feet value followed by "House" with an average price of $1.51 / sq.feet.