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 September, the average price per sq.feet was $1.67. In October this price barely changed remaining at $1.74 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $1.71 to $1.93 per sq.feet. The price per sq.feet has risen 109 % 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 $1.82 to $1.99 during January, and February.
When referring to the price in Manteca (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,721. In October This price remains at $2,628. During the following two months (November, December) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,558.5 to $2,289 in January and February.
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 $2,162 they are 30 % more affordable than the average price for Manteca . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,530.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.52 / sq.feet, with an average $2.1 / sq.feet price in Manteca. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.37 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,162 it is 10 % more affordable than the average price in Manteca. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $2,477 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "House" priced at $1.58 / sq.feet. "Apartment" is the most expensive type of property with a $2.47 / sq.feet value followed by "House" with an average price of $1.58 / sq.feet.