The rent prices in real estate in Orange, 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 Orange has risen during the last 6 months. In November, the average price per sq.feet was $2.87. In the following month the price per sq.feet rose to $3.05. In the following two months the price per sq.feet has practically remained the same, going from $2.96 to $3.09 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 $3.03 to $3.13 during March y April
When referring to the price in Orange (cities), this has fallen in the last 6 months. The average price for November is $4,013. During December the price had a slight fall till $3,759. During the following two months (January, February) the average price fell 92 % 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 increased 106 % 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 $4,191 they are 39 % more affordable than the average price for Orange . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,669.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.81 / sq.feet, with an average $3.08 / sq.feet price in Orange. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.08 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $4,191 it is 48 % more affordable than the average price in Orange. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Condo". At a price of $5,348 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "Condo" priced at $2.94 / sq.feet. "Duplex" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $3.36 / sq.feet.