Property prices for rent in Madera (California)
The rent prices in real estate in Madera, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Madera has barely changed in the last 6 months. In October, the average price per sq.feet was $6.32. In the following month the price per sq.feet rose considerably to $9.36. The price for the following two months in (December, January) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable rise of 116 % 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 $5.95 to $6.91 during February, and March.
When referring to the price in Madera (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $12,683. During November the price went through a considerable rise reaching $17,991. During the following two months (December, January) the average price had a considerable fall of 52 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $16,665 they are 87 % more affordable than the average price for Madera . The properties with the highest average price have 1 bedroom, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $16,063.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $8.72 / sq.feet price in Madera. The properties with the most expensive average prices have 1 bedroom. They are 129 % more expensive than the average followed by properties with 3 bedrooms with a price at $8 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $16,665 it is 92 % more affordable than the average price in Madera. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,881 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "House" priced at $6 / sq.feet. "House" is the most affordable type of property with a $6 / sq.feet value followed by "Apartment" with an average price of $1 / sq.feet.
