The rent prices in real estate in Corona, 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 Corona has risen during the last 6 months. In October, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $2.36. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. 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 $2.05 to $2.31 during February, and March.
When referring to the price in Corona (cities), there have hardly been any changes in the last 6 months. The average price for October is $3,035. During November the price had a slight fall till $2,588. During the following two months (December, January) the average price had a considerable rise of 116 % 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 93 %, going from $3,041 to $2,820 in February and March.
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 $2,328 they are 38 % more affordable than the average price for Corona . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,094.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.78 / sq.feet, with an average $2.65 / sq.feet price in Corona. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.28 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,328 it is 17 % more affordable than the average price in Corona. "Land" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,398 it is 71 % 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 $1.83 / sq.feet followed by "Land" priced at $2.36 / sq.feet. "Condo" is the most expensive type of property with a $3.06 / sq.feet value followed by "Land" with an average price of $2.36 / sq.feet.