The rent prices in real estate in Folsom, 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 Folsom has risen during the last 6 months. In January, the average price per sq.feet was $1.79. In February this price barely changed remaining at $1.75 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $1.77 to $2.02 per sq.feet. 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 $1.89 to $1.98 during May y June
When referring to the price in Folsom (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $2,284. In February This price remains at $2,285. In the following two months the average price has hardly changed with regard to the previous two months from $2,284.5 to $2,302.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $2,640 they are 23 % more affordable than the average price for Folsom . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,797.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $1.83 / sq.feet price in Folsom. The properties with the most expensive average prices have 1 bedroom. They are 93 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.08 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,640 it is 37 % more affordable than the average price in Folsom. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,331 it is 7 % 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 $1.55 / sq.feet followed by "House" priced at $2.29 / sq.feet. "Townhouse" is the most expensive type of property with a $17 / sq.feet value followed by "Duplex" with an average price of $4 / sq.feet.