The rent prices in real estate in Rancho Santa Margarita, 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 Rancho Santa Margarita has risen during the last 6 months. In May, the average price per sq.feet was $2.1. In the following month the price per sq.feet rose to $2.36. In the following two months the price per sq.feet has practically remained the same, going from $2.23 to $2.23 per sq.feet. The price per sq.feet has risen 105 % 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 $2.35 during September, and October.
When referring to the price in Rancho Santa Margarita (cities), this has risen in the last 6 months. The rent price in May is $1,896, rising in June till $2,073. In the following two months the average price has hardly changed with regard to the previous two months from $1,984.5 to $2,007. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
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 $2,274 they are 24 % more affordable than the average price for Rancho Santa Margarita . The properties with the highest average price have 4 bedrooms, Their price is 115 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,154.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.04 / sq.feet, with an average $2.41 / sq.feet price in Rancho Santa Margarita. The properties with the most expensive average prices have 4 bedrooms. They are 4335 % more expensive than the average followed by properties with 1 bedroom with a price at $2.71 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,274 it is 14 % more affordable than the average price in Rancho Santa Margarita. "Office" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $2,656 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2.37 / sq.feet followed by "Condo" priced at $2.4 / sq.feet. "Office" is the most expensive type of property with a $8 / sq.feet value followed by "House" with an average price of $2.53 / sq.feet.