The rent prices in real estate in Oro Valley, in the Arizona 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 Oro Valley has risen during the last 6 months. In April, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose to $1.27. In the following two months the price per sq.feet has practically remained the same, going from $1.21 to $1.25 per sq.feet. The price per sq.feet has risen 105 % 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 $1.23 to $1.29 during August, and September.
When referring to the price in Oro Valley (cities), this has fallen in the last 6 months. The average price for April is $1,733. During May the price had a considerable fall till $1,363. During the following two months (June, July) the average price fell 91 % 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 108 % 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 $1,719 they are 29 % more affordable than the average price for Oro Valley . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,829.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.37 / sq.feet price in Oro Valley. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.39 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,719 it is 21 % more affordable than the average price in Oro Valley. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,913 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.05 / sq.feet followed by "Apartment" priced at $1.43 / sq.feet. "Condo" is the most expensive type of property with a $1.69 / sq.feet value followed by "Apartment" with an average price of $1.43 / sq.feet.