Property prices for rent in Monte Rio (California)
The rent prices in real estate in Monte Rio, 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 Monte Rio has had a strong fall during the last 6 months. In October, the average price per sq.feet was $76. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable rise of 267 % 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 $20.21 to $54 during February, and March.
When referring to the price in Monte Rio (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,905. During November the price went through a considerable rise reaching $3,946. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,692.5 to $1,903, which means a 71 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,903 they are 10 % more expensive than the average price for Monte Rio. Following this ranking we find those properties with 3 at an average price of $2,208. The properties with the highest average price have 1 bedroom, Their price is 18 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,223.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3 / sq.feet, with an average $75 / sq.feet price in Monte Rio. The properties with the most affordable average prices have 1 bedroom. They are 89 % more affordable than the average followed by properties with 2 bedrooms with a price at $3 / sq.feet.
According to average price per property type in Monte Rio, "" priced at $2,095 is 10 % more expensive than the average price ($1,903) in this city.
