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 May, the average price per sq.feet was $4.01. In the following month the price per sq.feet rose considerably to $10.61. The price for the following two months in (July, August) had a considerable rise of 116 %. 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 $7.89 to $1.55 during September, and October.
When referring to the price in San Bernardino (cities), this has risen in the last 6 months. The rent price in May is $1,227, rising in June till $1,308. During the following two months (July, August) the price has had an average rise from $1,267.5 to $1,340.5. 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 $1,304 and $1,326.5 between September and October.
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 $1,300 they are 7 % more affordable than the average price for San Bernardino . The properties with the highest average price have 4 bedrooms, Their price is 84 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,639.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.51 / sq.feet price in San Bernardino. The properties with the most expensive average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.51 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,300 it is 47 % 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 "Duplex". At a price of $1,312 it is 11 % 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 $1.32 / sq.feet followed by "House" priced at $1.77 / sq.feet. "Duplex" is the most expensive type of property with a $10 / sq.feet value followed by "Office" with an average price of $5 / sq.feet.