The rent prices in real estate in El Monte, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in El Monte has fallen during the last 6 months. In November, the average price per sq.feet was $2.28. In the following month the price per sq.feet fell to $2.12. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. 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 $2.06 to $2.14 during March y April
When referring to the price in El Monte (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,885. During December the price went through a considerable rise reaching $2,476. During the following two months (January, February) the average price had a considerable rise of 130 % 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 increased 111 % 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 $2,717 they are 43 % more affordable than the average price for El Monte . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,255.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.9 / sq.feet, with an average $2.2 / sq.feet price in El Monte. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $2.39 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $2,717 it is 38 % more affordable than the average price in El Monte. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,365 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.11 / sq.feet followed by "House" priced at $2.39 / sq.feet. "Duplex" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $2.39 / sq.feet.