The rent prices in real estate in Mesa, in the Arizona region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Mesa has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.33. In August this price barely changed remaining at $1.32 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.33 to $1.37 per sq.feet. The price per sq.feet has had a considerable rise of 193 % 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 $1.35 to $2.6 during November, and December.
When referring to the price in Mesa (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,516. In August This price remains at $1,498. In the following two months the average price has hardly changed with regard to the previous two months from $1,507 to $1,474. 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 $1,490.5 and $1,451.5 between November and December.
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 $1,462 they are 18 % more affordable than the average price for Mesa . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,810.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $3.77 / sq.feet price in Mesa. The properties with the most expensive average prices have 1 bedroom. They are 541 % more expensive than the average followed by properties with 2 bedrooms with a price at $5.14 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,462 it is 15 % more affordable than the average price in Mesa. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,379 it is 21 % 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 $1.29 / sq.feet followed by "Townhouse" priced at $1.32 / sq.feet. "House" is the most expensive type of property with a $59.74 / sq.feet value followed by "Townhouse" with an average price of $1.32 / sq.feet.