The rent prices in real estate in Montebello, 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 Montebello has risen during the last 6 months. In October, the average price per sq.feet was $2.49. In the following month the price per sq.feet rose to $2.74. In the following two months the price per sq.feet has practically remained the same, going from $2.62 to $2.73 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 $2.67 to $2.92 during February, and March.
When referring to the price in Montebello (cities), this has fallen in the last 6 months. The average price for October is $2,827. During November the price had a slight fall till $2,456. In the following two months the average price has hardly changed with regard to the previous two months from $2,641.5 to $2,641.5. 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 $2,641.5 and $2,598 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 $2,659 they are 32 % more affordable than the average price for Montebello . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,640.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.9 / sq.feet, with an average $2.93 / sq.feet price in Montebello. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.6 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,659 it is 30 % more affordable than the average price in Montebello. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,985 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.57 / sq.feet followed by "Apartment" priced at $3.47 / sq.feet. "Townhouse" is the most expensive type of property with a $5 / sq.feet value followed by "Apartment" with an average price of $3.47 / sq.feet.