The rent prices in real estate in Pico Rivera, 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.
The price per sq.feet in Pico Rivera has risen strongly during the last 6 months. In March, the average price per sq.feet was $2.16. In April this price barely changed remaining at $2.09 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $2.12 to $2.33 per sq.feet. The price per sq.feet has had a considerable rise of 295 % 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 $2.23 to $6.57 during July, and August.
When referring to the price in Pico Rivera (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $2,050. During April the price went through a considerable rise reaching $2,423. During the following two months (May, June) the average price had a considerable rise of 119 % 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 90 %, going from $2,450.75 to $2,201.5 in July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,045 they are 26 % more affordable than the average price for Pico Rivera . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,130.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.08 / sq.feet, with an average $2.31 / sq.feet price in Pico Rivera. The properties with the most expensive average prices have 4 bedrooms. They are 160 % more expensive than the average followed by properties with 1 bedroom with a price at $2.52 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,045 it is 26 % more affordable than the average price in Pico Rivera. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,519 it is 24 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $6 / sq.feet. "House" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.