Property prices for rent in Pacific Palisades (California)
The rent prices in real estate in Pacific Palisades, 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 Pacific Palisades has barely changed in the last 6 months. In November, the average price per sq.feet was $5.19. In December this price barely changed remaining at $5.39 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $5.29 to $5.34 per sq.feet. The price per sq.feet has fallen 94 % 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 $5.31 to $5.01 during March, and April.
When referring to the price in Pacific Palisades (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $12,137. During December the price went through a considerable rise reaching $14,625. During the following two months (January, February) the price has had an average rise from $13,381 to $14,562.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $13,971.75 to $13,078.5 in March and April.
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 $14,627 they are 77 % more affordable than the average price for Pacific Palisades . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $11,907.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $4.99 / sq.feet, with an average $5.32 / sq.feet price in Pacific Palisades. The properties with the most expensive average prices have 4 bedrooms. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $5.37 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $14,627 it is 68 % more affordable than the average price in Pacific Palisades. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $11,534 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $4.77 / sq.feet followed by "Condo" priced at $5.2 / sq.feet. "Townhouse" is the most expensive type of property with a $117 / sq.feet value followed by "House" with an average price of $5.8 / sq.feet.
