The rent prices in real estate in Morgan Hill, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Morgan Hill has barely changed in the last 6 months. In July, the average price per sq.feet was $2.23. In the following month the price per sq.feet fell to $2. In the following two months the price per sq.feet has risen 109 %, going from $2.12 to $2.31 per sq.feet. The price per sq.feet has risen 111 % 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 $2.21 to $2.46 during November, and December.
When referring to the price in Morgan Hill (cities), there have hardly been any changes in the last 6 months. The rent price in July is $3,233, rising in August till $3,715. During the following two months (September, October) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $3,385.25 to $2,905 in November and December.
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 $2,872 they are 41 % more affordable than the average price for Morgan Hill . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,150.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.83 / sq.feet, with an average $2.44 / sq.feet price in Morgan Hill. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.45 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,872 it is 35 % more affordable than the average price in Morgan Hill. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Duplex". At a price of $2,929 it is 3 % 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 $2.43 / sq.feet followed by "House" priced at $2.84 / sq.feet. "Duplex" is the most expensive type of property with a $28 / sq.feet value followed by "House" with an average price of $2.84 / sq.feet.