The rent prices in real estate in Midway City, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Midway City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.1. In the following month the price per sq.feet fell to $2.91. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $2.83 to $2.38 during February, and March.
When referring to the price in Midway City (cities), this has fallen in the last 6 months. The average price for October is $2,728. During November the price had a considerable fall till $2,112. During the following two months (December, January) the average price fell 91 % 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 131 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,448 they are 52 % more affordable than the average price for Midway City . The properties with the highest average price have 3 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 2 bedrooms priced at $4,140.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % more affordable than the average price of ($2 / sq.feet) in Midway City. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more affordable than the average value aforementioned.