Property prices for rent in Fresno (California)

The rent prices in real estate in Fresno, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fresno has had a strong fall during the last 6 months. In March, the average price per sq.feet was $11.57. In the following month the price per sq.feet fell considerably to $6.96. The price for the following two months in (May, June) had a considerable fall of 17 with regard to the previous two months. The price per sq.feet has had a considerable fall of 30 % 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 $5.41 to $1.6 during July, and August.

Average price

When referring to the price in Fresno (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,311. During April the price went through a considerable rise reaching $1,537. During the following two months (May, June) the price has had an average rise from $1,424 to $1,589.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.

Average price per bedrooms

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 $1,893 they are 22 % more affordable than the average price for Fresno . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,349.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.5 / sq.feet, with an average $1.6 / sq.feet price in Fresno. The properties with the most expensive average prices have 4 bedrooms. They are 391 % more expensive than the average followed by properties with 1 bedroom with a price at $2.19 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,893 it is 33 % more affordable than the average price in Fresno. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,702 it is 31 % 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 $1.44 / sq.feet followed by "House" priced at $1.85 / sq.feet. "House" is the most expensive type of property with a $1.85 / sq.feet value followed by "Condo" with an average price of $1.44 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Fresno
Number of properties used in region California
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value