The rent prices in real estate in Cerritos, 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 Cerritos has risen during the last 6 months. In January, the average price per sq.feet was $2.49. In February this price barely changed remaining at $2.6 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.55 to $2.63 per sq.feet. The price per sq.feet has risen 107 % 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 $2.77 during May, and June.
When referring to the price in Cerritos (cities), this has fallen in the last 6 months. The average price for January is $2,890. During February the price had a slight fall till $2,609. In the following two months the average price has hardly changed with regard to the previous two months from $2,749.5 to $2,733.5. 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 $2,741.5 and $2,721.5 between May and June.
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 $2,709 they are 5 % more affordable than the average price for Cerritos . The properties with the highest average price have 2 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,678.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.48 / sq.feet, with an average $2.8 / sq.feet price in Cerritos. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.48 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,709 it is 8 % more affordable than the average price in Cerritos. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $2,505 it is 6 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $49 / sq.feet. "Condo" at an average price of $49 / sq.feet has the highest price and would be directed at more affluent cities.