Property prices for rent in Rio Rico (Arizona)
The rent prices in real estate in Rio Rico, in the Arizona 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 Rio Rico has fallen during the last 6 months. In October, the average price per sq.feet was $1.39. In November this price barely changed remaining at $1.35 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.25 to $1.17 during February, and March.
When referring to the price in Rio Rico (cities), this has fallen in the last 6 months. The average price for October is $2,114. During November the price had a slight fall till $2,008. During the following two months (December, January) the average price fell 88 % 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 91 %, going from $1,941.25 to $1,772.5 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 $1,781 they are 19 % more affordable than the average price for Rio Rico . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,191.
According to average price per property type in Rio Rico, "" priced at $2,031 is 14 % more expensive than the average price ($1,781) in this city.
