The rent prices in real estate in Brea, 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 Brea has risen during the last 6 months. In October, the average price per sq.feet was $2.38. In the following month the price per sq.feet rose to $2.53. In the following two months the price per sq.feet has risen 111 %, going from $2.45 to $2.73 per sq.feet. The price per sq.feet has fallen 89 % 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 $2.59 to $2.31 during February, and March.
When referring to the price in Brea (cities), this has fallen in the last 6 months. The average price for October is $2,602. During November the price had a slight fall till $2,322. In the following two months the average price has hardly changed with regard to the previous two months from $2,462 to $2,473.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,467.75 to $2,292.5 in February and March.
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 $2,257 they are 7 % more affordable than the average price for Brea . The properties with the highest average price have 3 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,845.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.65 / sq.feet, with an average $2.32 / sq.feet price in Brea. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,257 it is 12 % more affordable than the average price in Brea. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "House". At a price of $2,663 it is 80 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $0.74 / sq.feet followed by "House" priced at $1.75 / sq.feet. "Townhouse" is the most expensive type of property with a $32 / sq.feet value followed by "Apartment" with an average price of $2.5 / sq.feet.