The rent prices in real estate in Foothill Ranch, 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 Foothill Ranch has risen strongly during the last 6 months. In December, the average price per sq.feet was $2.23. In January this price barely changed remaining at $2.33 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 4955 %. The price per sq.feet has had a considerable rise of 196 % 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 $57.63 to $113.11 during April, and May.
When referring to the price in Foothill Ranch (cities), this has risen considerably in the last 6 months. The rent price in December is $2,689, rising in January till $2,988. During the following two months (February, March) the average price had a considerable rise of 123 % 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 125 % 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 $2,813 they are 38 % more affordable than the average price for Foothill Ranch . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,525.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 4500 % more expensive than the average price of ($92 / sq.feet) in Foothill Ranch. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 4500 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,813 it is 36 % more affordable than the average price in Foothill Ranch. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,423 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $21 / sq.feet followed by "House" priced at $51 / sq.feet. "House" is the most expensive type of property with a $51 / sq.feet value followed by "Townhouse" with an average price of $21 / sq.feet.