The rent prices in real estate in Foster City, in the Michigan 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 Foster City has risen during the last 6 months. In November, the average price per sq.feet was $3.4. In December this price barely changed remaining at $3.38 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $3.39 to $3.47 per sq.feet. The price per sq.feet has risen 112 % 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 $3.43 to $3.83 during March, and April.
When referring to the price in Foster City (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $4,385. In December This price remains at $4,248. In the following two months the average price has hardly changed with regard to the previous two months from $4,316.5 to $4,364.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $4,340.5 and $4,257 between March and April.
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 $4,163 they are 21 % more affordable than the average price for Foster City . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,167.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.96 / sq.feet, with an average $3.89 / sq.feet price in Foster City. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.86 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $4,163 it is 7 % more affordable than the average price in Foster City. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,013 it is 24 % 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 / sq.feet followed by "House" priced at $3.16 / sq.feet. "Apartment" is the most expensive type of property with a $4.15 / sq.feet value followed by "House" with an average price of $3.16 / sq.feet.