The rent prices in real estate in San Bernardino, 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 San Bernardino has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.8. In the following month the price per sq.feet rose considerably to $5.06. The price for the following two months in (May, June) had a considerable fall of 49 with regard to the previous two months. The price per sq.feet has had a considerable fall of 60 % 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 $2.55 to $1.54 during July, and August.
When referring to the price in San Bernardino (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,588. During April the price had a slight fall till $1,422. During the following two months (May, June) the price has had an average rise from $1,505 to $1,626. Based on an analysis of the first four prices and the last two months the average price has increased 111 % 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 $1,610 they are 20 % more affordable than the average price for San Bernardino . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,819.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.17 / sq.feet, with an average $1.39 / sq.feet price in San Bernardino. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.47 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,610 it is 26 % more affordable than the average price in San Bernardino. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,521 it is 12 % 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 $1.2 / sq.feet followed by "House" priced at $1.62 / sq.feet. "House" is the most expensive type of property with a $1.62 / sq.feet value followed by "Condo" with an average price of $1.2 / sq.feet.