The rent prices in real estate in Murrieta, 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 Murrieta has risen during the last 6 months. In May, the average price per sq.feet was $1.28. In the following month the price per sq.feet rose considerably to $1.63. The price for the following two months in (July, August) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.41 to $1.32 during September, and October.
When referring to the price in Murrieta (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,842. In June This price remains at $1,829. During the following two months (July, August) the price has had an average rise from $1,835.5 to $1,975.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $2,052 they are 23 % more affordable than the average price for Murrieta . The properties with the highest average price have 4 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,312.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.3 / sq.feet price in Murrieta. The properties with the most expensive average prices have 1 bedroom. They are 83 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.51 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,052 it is 18 % more affordable than the average price in Murrieta. "House" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Office". At a price of $1,756 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $1.41 / sq.feet followed by "House" priced at $1.72 / sq.feet. "Land" is the most expensive type of property with a $22 / sq.feet value followed by "Office" with an average price of $10 / sq.feet.