The rent prices in real estate in Monterey, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Monterey has fallen during the last 6 months. In October, the average price per sq.feet was $3.82. In the following month the price per sq.feet fell to $3.38. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.46 to $3.44 during February y March
When referring to the price in Monterey (cities), this has fallen in the last 6 months. The average price for October is $2,824. During November the price had a slight fall till $2,668. In the following two months the average price has hardly changed with regard to the previous two months from $2,746 to $2,610.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,678.25 to $2,402.5 in 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 $2,384 they are 14 % more affordable than the average price for Monterey . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,182.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.44 / sq.feet price in Monterey. The properties with the most affordable average prices have 1 bedroom. They are 3 % more affordable than the average followed by properties with 2 bedrooms with a price at $3.28 / sq.feet.
According to average price per property type in Monterey, "" priced at $2,311 is 3 % lower than the average price ($2,384) in this city.