The rent prices in real estate in Modesto, 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 Modesto has risen during the last 6 months. In October, the average price per sq.feet was $1.79. In November this price barely changed remaining at $1.77 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.78 to $1.86 per sq.feet. The price per sq.feet has risen 108 % 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 $1.97 during February, and March.
When referring to the price in Modesto (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,912. During November the price had a slight fall till $1,774. In the following two months the average price has hardly changed with regard to the previous two months from $1,843 to $1,926.5. 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 $1,884.75 and $1,844.5 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 $1,849 they are 19 % more affordable than the average price for Modesto . The properties with the highest average price have 3 bedrooms, Their price is 1024 % more expensive than the average. After that we have properties with 4 bedrooms priced at $20,687.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.96 / sq.feet, with an average $2.08 / sq.feet price in Modesto. The properties with the most expensive average prices have 3 bedrooms. They are 561 % more expensive than the average followed by properties with 4 bedrooms with a price at $9.44 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,849 it is 23 % more affordable than the average price in Modesto. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $13,374 it is 790 % 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 $2.07 / sq.feet followed by "Land" priced at $8 / sq.feet. "House" is the most expensive type of property with a $8.74 / sq.feet value followed by "Land" with an average price of $8 / sq.feet.