Property prices for rent in Lake Hughes (California)
The rent prices in real estate in Lake Hughes, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lake Hughes has had a strong fall during the last 6 months. In November, the average price per sq.feet was $107. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (January, February) had a considerable rise of 166 %. The price per sq.feet has had a considerable fall of 47 % 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 $71.75 to $34 during March, and April.
When referring to the price in Lake Hughes (cities), this has fallen considerably in the last 6 months. The average price for November is $3,420. During December the price had a considerable fall till $2,580. In the following two months the average price has hardly changed with regard to the previous two months from $3,000 to $2,916.5. 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 $2,958.25 and $2,915 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,915 they are 3 % more affordable than the average price for Lake Hughes . The properties with the lowest average price have 1 bedroom, Their price is 2 % more affordable than the average. After that we have properties with 4 bedrooms priced at $2,828.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $115 / sq.feet, with an average $34 / sq.feet price in Lake Hughes. The properties with the most expensive average prices have 1 bedroom. They are 253 % more expensive than the average followed by properties with 4 bedrooms with a price at $115 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,915 it is 3 % more affordable than the average price in Lake Hughes. "Land" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $2,828 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $56 / sq.feet followed by "House" priced at $115 / sq.feet. "House" is the most expensive type of property with a $115 / sq.feet value followed by "Land" with an average price of $56 / sq.feet.
