Property prices for rent in Palm Springs (California)
The rent prices in real estate in Palm Springs, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Palm Springs has fallen during the last 6 months. In March, the average price per sq.feet was $3.2. In the following month the price per sq.feet fell to $2.81. In the following two months the price per sq.feet has practically remained the same, going from $3.01 to $3.02 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 $3.01 to $2.92 during July y August
When referring to the price in Palm Springs (cities), there have hardly been any changes in the last 6 months. The rent price in March is $3,613, rising in April till $3,993. In the following two months the average price has hardly changed with regard to the previous two months from $3,803 to $3,778.5. 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 $3,790.75 to $3,574.5 in July and August.
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 $3,413 they are 41 % more affordable than the average price for Palm Springs . The properties with the highest average price have 4 bedrooms, Their price is 116 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,342.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.41 / sq.feet, with an average $2.86 / sq.feet price in Palm Springs. The properties with the most expensive average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.96 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,413 it is 59 % more affordable than the average price in Palm Springs. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $3,088 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.42 / sq.feet followed by "Apartment" priced at $2.84 / sq.feet. "Townhouse" is the most expensive type of property with a $18 / sq.feet value followed by "House" with an average price of $3.16 / sq.feet.
