The rent prices in real estate in Chandler, in the Arizona 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 Chandler has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.5. In December this price barely changed remaining at $1.43 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 127 %. The price per sq.feet has risen 113 % 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 $1.66 to $1.88 during March, and April.
When referring to the price in Chandler (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $2,367. In December This price remains at $2,316. During the following two months (January, February) the average price had a considerable fall of 81 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,115.25 to $1,892.5 in March and April.
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 $1,846 they are 13 % more affordable than the average price for Chandler . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,346.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.47 / sq.feet, with an average $1.89 / sq.feet price in Chandler. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.82 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,846 it is 1 % more expensive than the average price in Chandler. "Land" is seen as the second most expensive property type. The most expensive property type is "Apartment" followed by "Condo". At a price of $2,699 it is 65 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "Condo" priced at $1.53 / sq.feet. "House" is the most expensive type of property with a $1.93 / sq.feet value followed by "Condo" with an average price of $1.53 / sq.feet.