Property prices for rent in Morongo Valley (California)
The rent prices in real estate in Morongo Valley, 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 Morongo Valley has fallen during the last 6 months. In March, the average price per sq.feet was $2.25. In the following month the price per sq.feet fell to $2.07. The price for the following two months in (May, June) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $1.97 to $2.5 during July, and August.
When referring to the price in Morongo Valley (cities), this has fallen considerably in the last 6 months. The average price for March is $2,721. During April the price had a considerable fall till $1,888. During the following two months (May, June) the average price had a considerable fall of 78 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.
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 $2,621 they are 56 % more affordable than the average price for Morongo Valley . The properties with the lowest average price have 2 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,249.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2 / sq.feet price in Morongo Valley. The properties with the most expensive average prices have 3 bedrooms. They are 350 % more expensive than the average followed by properties with 4 bedrooms with a price at $2 / sq.feet.
According to average price per property type in Morongo Valley, "" priced at $1,219 is 53 % lower than the average price ($2,621) in this city.
