The rent prices in real estate in Laguna Niguel, in the California 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 Laguna Niguel has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.46. In the following month the price per sq.feet rose to $2.82. The price for the following two months in (January, February) had a considerable rise of 117 %. 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 $2.87 to $3.01 during March, and April.
When referring to the price in Laguna Niguel (cities), this has risen considerably in the last 6 months. The rent price in November is $3,721, rising in December till $4,257. During the following two months (January, February) the price has had an average rise from $3,989 to $4,216.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % 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 $5,314 they are 50 % more affordable than the average price for Laguna Niguel . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,827.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.83 / sq.feet, with an average $2.95 / sq.feet price in Laguna Niguel. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.16 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,314 it is 58 % more affordable than the average price in Laguna Niguel. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $3,802 it is 22 % 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 $2.81 / sq.feet followed by "Townhouse" priced at $3.09 / sq.feet. "Apartment" is the most expensive type of property with a $57 / sq.feet value followed by "House" with an average price of $3.46 / sq.feet.