The rent prices in real estate in San Luis Obispo, 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 Luis Obispo has risen strongly during the last 6 months. In April, the average price per sq.feet was $6.93. In the following month the price per sq.feet rose considerably to $13.23. The price for the following two months in (June, July) had a considerable rise of 152 %. The price per sq.feet has had a considerable fall of 18 % 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 $12.68 to $2.28 during August, and September.
When referring to the price in San Luis Obispo (cities), this has risen in the last 6 months. The rent price in April is $2,479, rising in May till $2,605. During the following two months (June, July) the price has had an average rise from $2,542 to $2,780.5. 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 $2,661.25 and $2,635.5 between August and September.
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 $2,528 they are 42 % more affordable than the average price for San Luis Obispo . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,748.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.28 / sq.feet, with an average $2.37 / sq.feet price in San Luis Obispo. The properties with the most expensive average prices have 1 bedroom. They are 153 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.32 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,528 it is 9 % more affordable than the average price in San Luis Obispo. "Detached House" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Commercial". At a price of $3,083 it is 24 % 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 $2 / sq.feet followed by "House" priced at $3.08 / sq.feet. "Detached House" is the most expensive type of property with a $54 / sq.feet value followed by "Office" with an average price of $16 / sq.feet.