Property prices for rent in Newport Coast (California)
The rent prices in real estate in Newport Coast, 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 Newport Coast has barely changed in the last 6 months. In August, the average price per sq.feet was $2.58. In the following month the price per sq.feet rose to $2.71. In the following two months the price per sq.feet has practically remained the same, going from $2.64 to $2.62 per sq.feet. The price per sq.feet has risen 106 % 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 $2.63 to $2.78 during December, and January.
When referring to the price in Newport Coast (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $3,841. During September the price went through a considerable rise reaching $5,906. During the following two months (October, November) the average price had a considerable rise of 129 % 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 92 %, going from $5,571 to $5,116.5 in December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $5,669 they are 49 % more affordable than the average price for Newport Coast . The properties with the highest average price have 4 bedrooms, Their price is 107 % more expensive than the average. After that we have properties with 1 bedroom priced at $7,444.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1517 % more expensive than the average price of ($49 / sq.feet) in Newport Coast. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1517 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,669 it is 50 % more affordable than the average price in Newport Coast. "Villa" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "". At a price of $2,854 it is 35 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Villa with an average cost of $25 / sq.feet. "Villa" at an average price of $25 / sq.feet has the highest price and would be directed at more affluent cities.
