The rent prices in real estate in Mammoth Lakes, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Mammoth Lakes has risen during the last 6 months. In October, the average price per sq.feet was $3.09. In the following month the price per sq.feet rose to $3.41. The price for the following two months in (December, January) had a considerable rise of 118 %. The price per sq.feet has had a considerable fall of 85 % 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 $3.55 to $3 during February, and March.
When referring to the price in Mammoth Lakes (cities), this has risen considerably in the last 6 months. The average price for October is $4,517. During November the price had a slight fall till $4,175. During the following two months (December, January) the average price had a considerable rise of 150 % 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 $5,427.25 to $4,466, which means a 82 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 75 % more affordable than the average price of $1,148 in Mammoth Lakes. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 75 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $4,670 it is 33 % more affordable than the average price in Mammoth Lakes. "Land" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $3,290 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Detached House" at an average price of $21 / sq.feet followed by "Land" priced at $26 / sq.feet. "Condo" is the most expensive type of property with a $66 / sq.feet value followed by "House" with an average price of $61 / sq.feet.