The rent prices in real estate in Desert Hot Springs, 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 Desert Hot Springs has risen strongly during the last 6 months. In February, the average price per sq.feet was $0.82. In the following month the price per sq.feet rose considerably to $0.96. The price for the following two months in (April, May) had a considerable rise of 124 %. The price per sq.feet has had a considerable rise of 665 % 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 to $6.62 during June, and July.
When referring to the price in Desert Hot Springs (cities), this has risen considerably in the last 6 months. The rent price in February is $1,237, rising in March till $1,338. During the following two months (April, May) the price has had an average rise from $1,287.5 to $1,388.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $1,946 they are 41 % more affordable than the average price for Desert Hot Springs . The properties with the lowest average price have 2 bedrooms, Their price is 35 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,220.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.41 / sq.feet, with an average $1.24 / sq.feet price in Desert Hot Springs. The properties with the most expensive average prices have 2 bedrooms. They are 1916 % more expensive than the average followed by properties with 4 bedrooms with a price at $21 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,946 it is 47 % more affordable than the average price in Desert Hot Springs. "House" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "House". At a price of $1,220 it is 37 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $10 / sq.feet followed by "House" priced at $21 / sq.feet. "House" is the most expensive type of property with a $21 / sq.feet value followed by "Apartment" with an average price of $10 / sq.feet.