The rent prices in real estate in Elk, 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 Elk has risen strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (August, September) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 209 % 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 $0.64 to $1.34 during October, and November.
When referring to the price in Elk (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching . During the following two months (August, September) the average price had a considerable rise of 2147483647 % 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 215 % 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 $1,784 they are 30 % more affordable than the average price for Elk . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,868.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.32 / sq.feet price in Elk. The properties with the most expensive average prices have 1 bedroom. They are 68 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.67 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,784 it is 35 % more affordable than the average price in Elk. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,755 it is 20 % 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 $0.89 / sq.feet followed by "Office" priced at $1.41 / sq.feet. "Apartment" is the most expensive type of property with a $1.64 / sq.feet value followed by "Office" with an average price of $1.41 / sq.feet.