The rent prices in real estate in Cupertino, 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 Cupertino has risen during the last 6 months. In February, the average price per sq.feet was $3.26. In March this price barely changed remaining at $3.26 per sq.feet. The price for the following two months in (April, May) had a considerable rise of 118 %. 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 $3.55 to $3.44 during June y July
When referring to the price in Cupertino (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $2,699. During March the price went through a considerable rise reaching $3,523. In the following two months the average price has hardly changed with regard to the previous two months from $3,111 to $3,118. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $3,373 they are 46 % more affordable than the average price for Cupertino . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,103.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.78 / sq.feet, with an average $3.13 / sq.feet price in Cupertino. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.11 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,373 it is 7 % more affordable than the average price in Cupertino. "Duplex" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $3,305 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $3.05 / sq.feet followed by "Condo" priced at $3.06 / sq.feet. "Duplex" is the most expensive type of property with a $47 / sq.feet value followed by "House" with an average price of $3.36 / sq.feet.