The rent prices in real estate in Diamond Bar, 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 Diamond Bar has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.86. In the following month the price per sq.feet rose to $2.05. The price for the following two months in (January, February) had a considerable rise of 124 %. The price per sq.feet has risen 107 % 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 $2.19 to $2.34 during March, and April.
When referring to the price in Diamond Bar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $2,559. During December the price went through a considerable rise reaching $2,978. During the following two months (January, February) the average price had a considerable rise of 118 % 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 122 % 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 $3,799 they are 35 % more affordable than the average price for Diamond Bar . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,492.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.08 / sq.feet, with an average $2.3 / sq.feet price in Diamond Bar. The properties with the most expensive average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.57 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,799 it is 33 % more affordable than the average price in Diamond Bar. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,715 it is 5 % 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 $2.16 / sq.feet followed by "Condo" priced at $2.38 / sq.feet. "Apartment" is the most expensive type of property with a $3.02 / sq.feet value followed by "Condo" with an average price of $2.38 / sq.feet.