The rent prices in real estate in Rialto, 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 Rialto has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.8. In the following month the price per sq.feet rose considerably to $2.2. In the following two months the price per sq.feet has risen 109 %, going from $2 to $2.18 per sq.feet. The price per sq.feet has risen 107 % 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 $2.09 to $2.24 during April, and May.
When referring to the price in Rialto (cities), this has risen in the last 6 months. The rent price in December is $2,297, rising in January till $2,580. During the following two months (February, March) the price has had an average rise from $2,438.5 to $2,649. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,543.75 and $2,663.5 between April and May.
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 $2,673 they are 30 % more affordable than the average price for Rialto . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,848.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.17 / sq.feet, with an average $2.18 / sq.feet price in Rialto. The properties with the most expensive average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $2.29 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,673 it is 33 % more affordable than the average price in Rialto. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,817 it is 7 % 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 $1 / sq.feet followed by "House" priced at $2.15 / sq.feet. "Apartment" is the most expensive type of property with a $2.35 / sq.feet value followed by "House" with an average price of $2.15 / sq.feet.