The rent prices in real estate in Chico, 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 Chico has risen during the last 6 months. In March, the average price per sq.feet was $1.65. In the following month the price per sq.feet rose to $1.82. In the following two months the price per sq.feet has practically remained the same, going from $1.74 to $1.75 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.74 to $1.68 during July y August
When referring to the price in Chico (cities), this has fallen in the last 6 months. The rent price in March is $1,567, rising in April till $1,664. During the following two months (May, June) the average price fell 89 % 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 $1,527.5 to $1,358.5 in July and August.
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 $1,386 they are 21 % more affordable than the average price for Chico . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,470.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.39 / sq.feet, with an average $1.66 / sq.feet price in Chico. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.74 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,386 it is 8 % more affordable than the average price in Chico. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "". At a price of $1,449 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.52 / sq.feet followed by "Land" priced at $1.79 / sq.feet. "Condo" is the most expensive type of property with a $1.91 / sq.feet value followed by "Land" with an average price of $1.79 / sq.feet.