The rent prices in real estate in Borrego Springs, 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 Borrego Springs has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has practically remained the same, going from $0.5 to $0.5 per sq.feet. The price per sq.feet has had a considerable rise of 225 % 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 $0.5 to $1.12 during February, and March.
When referring to the price in Borrego Springs (cities), this has fallen in the last 6 months. The average price for October is $3,859. During November the price had a considerable fall till $1,344. During the following two months (December, January) the average price had a considerable rise of 171 % 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 $3,528 and $3,448 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,646 they are 23 % more affordable than the average price for Borrego Springs . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 4 bedrooms priced at $2,795.
According to average price per property type in Borrego Springs, "" priced at $2,795 is 23 % lower than the average price ($3,646) in this city.