The rent prices in real estate in Corrales, in the New Mexico 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 Corrales has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.36. In the following month the price per sq.feet rose to $3.78. In the following two months the price per sq.feet has practically remained the same, going from $3.57 to $3.41 per sq.feet. The price per sq.feet has had a considerable rise of 143 % 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 $3.49 to $5 during February, and March.
When referring to the price in Corrales (cities), this has risen in the last 6 months. The average price for October is $1,776. During November the price had a slight fall till $1,513. During the following two months (December, January) the price has had an average rise from $1,644.5 to $1,801. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 141 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,483 they are 23 % more affordable than the average price for Corrales . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,920.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($4.97 / sq.feet) in Corrales. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Corrales, "" priced at $1,920 is 23 % lower than the average price ($2,483) in this city.