The rent prices in real estate in Palm Springs, 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 Palm Springs has risen during the last 6 months. In October, the average price per sq.feet was $1.94. In the following month the price per sq.feet rose to $2.15. In the following two months the price per sq.feet has risen 111 %, going from $2.05 to $2.28 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 $2.16 to $2.17 during February y March
When referring to the price in Palm Springs (cities), this has risen considerably in the last 6 months. The rent price in October is $2,081, rising in November till $2,245. During the following two months (December, January) the average price had a considerable rise of 126 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,441.5 to $2,264.5 in February and March.
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 $2,081 they are 35 % more affordable than the average price for Palm Springs . The properties with the highest average price have 4 bedrooms, Their price is 234 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,689.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.97 / sq.feet, with an average $2.25 / sq.feet price in Palm Springs. The properties with the most expensive average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $2.03 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,081 it is 38 % more affordable than the average price in Palm Springs. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,146 it is 18 % 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 / sq.feet followed by "Condo" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $73 / sq.feet value followed by "Condo" with an average price of $2 / sq.feet.