The rent prices in real estate in Irvine, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Irvine has fallen during the last 6 months. In October, the average price per sq.feet was $3.28. In the following month the price per sq.feet fell to $2.99. In the following two months the price per sq.feet has practically remained the same, going from $3.13 to $3.16 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.15 to $3.01 during February y March
When referring to the price in Irvine (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $4,162. In November This price remains at $4,063. In the following two months the average price has hardly changed with regard to the previous two months from $4,112.5 to $3,941. 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 $4,026.75 and $4,021 between February and March.
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 $4,123 they are 32 % more affordable than the average price for Irvine . The properties with the highest average price have 4 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,898.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.41 / sq.feet, with an average $2.91 / sq.feet price in Irvine. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.98 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $4,123 it is 21 % more affordable than the average price in Irvine. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Condo". At a price of $5,476 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Detached House" priced at $2 / sq.feet. "House" is the most expensive type of property with a $3.16 / sq.feet value followed by "Condo" with an average price of $2.52 / sq.feet.