Property prices for rent in Coachella (California)
The rent prices in real estate in Coachella, 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 Coachella has fallen during the last 6 months. In June, the average price per sq.feet was $1.48. In July this price barely changed remaining at $1.53 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $1.36 to $1.47 during October, and November.
When referring to the price in Coachella (cities), this has fallen considerably in the last 6 months. The rent price in June is $2,934, rising in July till $3,108. During the following two months (August, September) the average price had a considerable fall of 59 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,402.75 to $1,818, which means a 76 % fall.
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 $1,916 they are 33 % more affordable than the average price for Coachella . The properties with the highest average price have 3 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,932.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.49 / sq.feet price in Coachella. The properties with the most expensive average prices have 1 bedroom. They are 63 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.41 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,916 it is 39 % more affordable than the average price in Coachella. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,407 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $1.5 / sq.feet followed by "House" priced at $1.58 / sq.feet. "House" is the most expensive type of property with a $1.58 / sq.feet value followed by "Apartment" with an average price of $1.5 / sq.feet.
