The rent prices in real estate in Manteca, 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 Manteca has risen during the last 6 months. In October, the average price per sq.feet was $1.85. In the following month the price per sq.feet rose to $1.98. In the following two months the price per sq.feet has practically remained the same, going from $1.91 to $2 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.96 to $1.95 during February y March
When referring to the price in Manteca (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,166. In November This price remains at $2,129. During the following two months (December, January) the price has had an average rise from $2,147.5 to $2,306. 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 $2,226.75 and $2,312 between February and March.
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 $2,356 they are 21 % more affordable than the average price for Manteca . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,512.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.3 / sq.feet, with an average $2 / sq.feet price in Manteca. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.07 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,356 it is 12 % more affordable than the average price in Manteca. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,527 it is 13 % 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 $1 / sq.feet followed by "House" priced at $1.49 / sq.feet. "Apartment" is the most expensive type of property with a $2.51 / sq.feet value followed by "House" with an average price of $1.49 / sq.feet.