The rent prices in real estate in Lake Havasu City, 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 Lake Havasu City has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.14. In the following month the price per sq.feet rose considerably to $1.47. The price for the following two months in (March, April) fell 94 % with regard to the previous two months. The price per sq.feet has risen 107 % 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 $1.27 to $1.36 during May, and June.
When referring to the price in Lake Havasu City (cities), this has risen considerably in the last 6 months. The rent price in January is $1,322, rising in February till $1,478. During the following two months (March, April) the price has had an average rise from $1,400 to $1,520.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % 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 $1,706 they are 25 % more affordable than the average price for Lake Havasu City . The properties with the highest average price have 3 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,510.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.41 / sq.feet price in Lake Havasu City. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,706 it is 32 % more affordable than the average price in Lake Havasu City. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Townhouse". At a price of $1,168 it is 13 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $16 / sq.feet. "Townhouse" at an average price of $16 / sq.feet has the highest price and would be directed at more affluent cities.