The rent prices in real estate in North Highlands, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in North Highlands has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.44. In the following month the price per sq.feet fell to $1.31. The price for the following two months in (October, November) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable rise of 1400 % 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 $1.05 to $14.69 during December, and January.
When referring to the price in North Highlands (cities), this has fallen in the last 6 months. The average price for August is $1,514. During September the price had a considerable fall till $1,213. During the following two months (October, November) the average price fell 89 % 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 123 % 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 $1,614 they are 45 % more affordable than the average price for North Highlands . The properties with the lowest average price have 3 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,461.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,614 it is 47 % more affordable than the average price in North Highlands. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "Townhouse". At a price of $1,124 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2 / sq.feet followed by "Duplex" priced at $14 / sq.feet. "Duplex" is the most affordable type of property with a $14 / sq.feet value followed by "Townhouse" with an average price of $2 / sq.feet.