The rent prices in real estate in Rowland Heights, 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 Rowland Heights has risen strongly during the last 6 months. In March, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $39. The price for the following two months in (May, June) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 20 % 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 $11.07 to $2.22 during July, and August.
When referring to the price in Rowland Heights (cities), this has fallen in the last 6 months. The average price during our first sample month during March, is $2,230. During April the price went through a considerable rise reaching $3,001. During the following two months (May, June) the average price had a considerable fall of 67 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,180 to $1,836, which means a 84 % fall.
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 $1,791 they are 14 % more affordable than the average price for Rowland Heights . The properties with the highest average price have 3 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,838.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.23 / sq.feet, with an average $2.19 / sq.feet price in Rowland Heights. The properties with the most expensive average prices have 3 bedrooms. They are 220 % more expensive than the average followed by properties with 1 bedroom with a price at $2.33 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,791 it is 10 % more affordable than the average price in Rowland Heights. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Duplex". At a price of $2,105 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $11 / sq.feet followed by "Condo" priced at $35 / sq.feet. "Condo" is the most expensive type of property with a $35 / sq.feet value followed by "Duplex" with an average price of $11 / sq.feet.