The rent prices in real estate in Gilbert, in the Arizona 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 Gilbert has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.08. In the following month the price per sq.feet rose to $1.24. In the following two months the price per sq.feet has risen 110 %, going from $1.16 to $1.28 per sq.feet. The price per sq.feet has risen 105 % 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 $1.22 to $1.28 during June, and July.
When referring to the price in Gilbert (cities), this has risen in the last 6 months. The rent price in February is $1,517, rising in March till $1,614. In the following two months the average price has hardly changed with regard to the previous two months from $1,565.5 to $1,597.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,765 they are 26 % more affordable than the average price for Gilbert . The properties with the highest average price have 4 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,804.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.26 / sq.feet price in Gilbert. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,765 it is 14 % more affordable than the average price in Gilbert. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,520 it is 8 % 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 $1.12 / sq.feet followed by "Apartment" priced at $1.47 / sq.feet. "Apartment" is the most expensive type of property with a $1.47 / sq.feet value followed by "House" with an average price of $1.12 / sq.feet.