Property prices for rent in Beverly Hills (California)
The rent prices in real estate in Beverly Hills, 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 Beverly Hills has risen strongly during the last 6 months. In January, the average price per sq.feet was $4.03. In February this price barely changed remaining at $4.01 per sq.feet. The price for the following two months in (March, April) had a considerable rise of 119 %. 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 $4.41 to $4.87 during May, and June.
When referring to the price in Beverly Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $9,213. During February the price went through a considerable rise reaching $11,446. During the following two months (March, April) the average price had a considerable rise of 125 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $14,368 they are 74 % more affordable than the average price for Beverly Hills . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $10,623.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.84 / sq.feet, with an average $5.22 / sq.feet price in Beverly Hills. The properties with the most expensive average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.76 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $14,368 it is 72 % more affordable than the average price in Beverly Hills. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,423 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $3.76 / sq.feet followed by "House" priced at $5.48 / sq.feet. "House" is the most expensive type of property with a $5.48 / sq.feet value followed by "Condo" with an average price of $3.76 / sq.feet.
