The rent prices in real estate in Burlingame, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Burlingame has fallen during the last 6 months. In May, the average price per sq.feet was $3.84. In June this price barely changed remaining at $3.86 per sq.feet. The price for the following two months in (July, August) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $3.74 to $3.51 during September, and October.
When referring to the price in Burlingame (cities), this has fallen in the last 6 months. The average price for May is $3,646. During June the price had a slight fall till $3,459. During the following two months (July, August) the average price had a considerable fall of 84 % 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 $3,268 and $3,160 between September and October.
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 $3,437 they are 30 % more affordable than the average price for Burlingame . The properties with the highest average price have 4 bedrooms, Their price is 175 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,647.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.23 / sq.feet, with an average $3.39 / sq.feet price in Burlingame. The properties with the most expensive average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $3.41 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,437 it is 26 % more affordable than the average price in Burlingame. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $5,579 it is 74 % 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 $2.69 / sq.feet followed by "Apartment" priced at $3.65 / sq.feet. "Duplex" is the most expensive type of property with a $74 / sq.feet value followed by "House" with an average price of $3.99 / sq.feet.