Property prices for rent in La Quinta (California)
The rent prices in real estate in La Quinta, 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 La Quinta has fallen during the last 6 months. In March, the average price per sq.feet was $2.73. In the following month the price per sq.feet rose to $3.01. The price for the following two months in (May, June) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $2.68 to $2.45 during July, and August.
When referring to the price in La Quinta (cities), this has fallen in the last 6 months. The average price during our first sample month during March, is $5,289. During April the price went through a considerable rise reaching $6,830. During the following two months (May, June) the average price had a considerable fall of 79 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,423.75 to $4,080.5, which means a 75 % fall.
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 $3,970 they are 50 % more affordable than the average price for La Quinta . The properties with the highest average price have 3 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 4 bedrooms priced at $4,291.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.88 / sq.feet, with an average $2.44 / sq.feet price in La Quinta. The properties with the most expensive average prices have 3 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $2.56 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,970 it is 10 % more affordable than the average price in La Quinta. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,863 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2.38 / sq.feet followed by "House" priced at $2.94 / sq.feet. "Townhouse" is the most expensive type of property with a $12 / sq.feet value followed by "House" with an average price of $2.94 / sq.feet.
