The rent prices in real estate in Indio, 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 Indio has risen during the last 6 months. In September, the average price per sq.feet was $2.24. In the following month the price per sq.feet rose to $2.52. In the following two months the price per sq.feet has practically remained the same, going from $2.38 to $2.42 per sq.feet. The price per sq.feet has fallen 93 % 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 $2.4 to $2.23 during January, and February.
When referring to the price in Indio (cities), this has risen in the last 6 months. The rent price in September is $4,026, rising in October till $4,354. During the following two months (November, December) the price has had an average rise from $4,190 to $4,413. 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 $4,301.5 and $4,195 between January and February.
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 $4,339 they are 62 % more affordable than the average price for Indio . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,142.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.14 / sq.feet, with an average $2.32 / sq.feet price in Indio. The properties with the most expensive average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.5 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,339 it is 56 % more affordable than the average price in Indio. "Land" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $4,479 it is 74 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.92 / sq.feet followed by "House" priced at $2.38 / sq.feet. "Detached House" is the most expensive type of property with a $3 / sq.feet value followed by "Condo" with an average price of $2.46 / sq.feet.