The rent prices in real estate in Avondale, in the Arizona 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 Avondale has risen during the last 6 months. In December, the average price per sq.feet was $1.27. In January this price barely changed remaining at $1.24 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $1.25 to $1.43 per sq.feet. The price per sq.feet has risen 110 % 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 $1.35 to $1.49 during April, and May.
When referring to the price in Avondale (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $1,568. In January This price remains at $1,632. In the following two months the average price has hardly changed with regard to the previous two months from $1,600 to $1,622.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $1,819 they are 25 % more affordable than the average price for Avondale . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,948.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $1.47 / sq.feet price in Avondale. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.66 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,819 it is 44 % more affordable than the average price in Avondale. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,508 it is 13 % 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 $1.18 / sq.feet followed by "Apartment" priced at $1.67 / sq.feet. "Condo" is the most expensive type of property with a $16 / sq.feet value followed by "Apartment" with an average price of $1.67 / sq.feet.