The rent prices in real estate in Oakland, 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 Oakland has risen during the last 6 months. In February, the average price per sq.feet was $3.29. In the following month the price per sq.feet rose to $3.63. In the following two months the price per sq.feet has practically remained the same, going from $3.46 to $3.53 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.49 to $3.53 during June y July
When referring to the price in Oakland (cities), this has fallen in the last 6 months. The rent price in February is $2,927, rising in March till $3,086. During the following two months (April, May) the average price fell 93 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,899.25 to $2,324, which means a 80 % fall.
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 $2,291 they are 11 % more affordable than the average price for Oakland . The properties with the highest average price have 4 bedrooms, Their price is 93 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,579.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.54 / sq.feet, with an average $3.85 / sq.feet price in Oakland. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.06 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,291 it is 1 % more affordable than the average price in Oakland. "Duplex" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $3,029 it is 36 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $3 / sq.feet followed by "Condo" priced at $3.11 / sq.feet. "Villa" is the most expensive type of property with a $102.06 / sq.feet value followed by "House" with an average price of $3.62 / sq.feet.