The rent prices in real estate in Playa Del Rey, 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 Playa Del Rey has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.25. In November this price barely changed remaining at $3.09 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 186 %. The price per sq.feet has fallen 90 % 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 $4.53 to $4.07 during February, and March.
When referring to the price in Playa Del Rey (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $4,465. In November This price remains at $4,408. During the following two months (December, January) the average price fell 92 % 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 86 %, going from $4,252 to $3,651.5 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 $3,699 they are 32 % more affordable than the average price for Playa Del Rey . The properties with the highest average price have 4 bedrooms, Their price is 324 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,113.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.57 / sq.feet, with an average $3.62 / sq.feet price in Playa Del Rey. The properties with the most expensive average prices have 1 bedroom. They are 384 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.43 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,699 it is 27 % more affordable than the average price in Playa Del Rey. "Duplex" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "". At a price of $2,711 it is 19 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Duplex with an average cost of $42 / sq.feet. "Duplex" at an average price of $42 / sq.feet has the highest price and would be directed at more affluent cities.