Property prices for rent in Pacific Palisades (California)

The rent prices in real estate in Pacific Palisades, 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.

$10,565.33
Average price last 6 months
$70.29
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pacific Palisades has risen strongly during the last 6 months. In October, the average price per sq.feet was $4.23. In the following month the price per sq.feet rose to $4.56. The price for the following two months in (December, January) had a considerable rise of 2158 %. The price per sq.feet has had a considerable rise of 225 % 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 $49.63 to $111.62 during February, and March.

Average price

When referring to the price in Pacific Palisades (cities), this has risen considerably in the last 6 months. The average price for October is $8,792. During November the price had a considerable fall till $7,362. During the following two months (December, January) the average price had a considerable rise of 117 % 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 161 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $16,903 they are 70 % more affordable than the average price for Pacific Palisades . The properties with the lowest average price have 1 bedroom, Their price is 26 % more affordable than the average. After that we have properties with 4 bedrooms priced at $11,614.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $138.23 / sq.feet price in Pacific Palisades. The properties with the most affordable average prices have 1 bedroom. They are 86 % more affordable than the average followed by properties with 3 bedrooms with a price at $2 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $16,903 it is 62 % more affordable than the average price in Pacific Palisades. "Townhouse" is seen as the second most affordable property type. The most affordable property is "" followed by "Townhouse". At a price of $10,813 it is 26 % more affordable than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Townhouse" priced at $166 / sq.feet. "Townhouse" is the most expensive type of property with a $166 / sq.feet value followed by "House" with an average price of $2 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Pacific Palisades
Number of properties used in region California
$16,903
$138.23
202
349,594
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value