The rent prices in real estate in Coachella, in the California 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 Coachella has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.73. In the following month the price per sq.feet rose to $1.95. In the following two months the price per sq.feet has risen 115 %, going from $1.84 to $2.11 per sq.feet. The price per sq.feet has risen 112 % 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 $1.97 to $2.21 during March, and April.
When referring to the price in Coachella (cities), this has risen considerably in the last 6 months. The rent price in November is $2,596, rising in December till $2,952. During the following two months (January, February) the average price had a considerable rise of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 127 % during the last two months.
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 $3,944 they are 78 % more affordable than the average price for Coachella . The properties with the highest average price have 4 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,482.
With regard to the average prices per sq.feet those properties with 1 bedroom are 53 % more affordable than the average price of ($1 / sq.feet) in Coachella. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 53 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,944 it is 76 % more affordable than the average price in Coachella. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $955 it is 5 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.