The rent prices in real estate in San Luis Obispo, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in San Luis Obispo has risen during the last 6 months. In April, the average price per sq.feet was $2.89. In the following month the price per sq.feet rose to $3.14. In the following two months the price per sq.feet has practically remained the same, going from $3.02 to $2.93 per sq.feet. The price per sq.feet has had a considerable rise of 121 % 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 $2.97 to $3.6 during August, and September.
When referring to the price in San Luis Obispo (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $2,903. In May This price remains at $2,869. In the following two months the average price has hardly changed with regard to the previous two months from $2,886 to $2,875.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $3,051 they are 28 % more affordable than the average price for San Luis Obispo . The properties with the highest average price have 4 bedrooms, Their price is 96 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,736.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.94 / sq.feet, with an average $3.54 / sq.feet price in San Luis Obispo. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.58 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,051 it is 25 % more affordable than the average price in San Luis Obispo. "" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $3,950 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $3.17 / sq.feet followed by "House" priced at $3.34 / sq.feet. "Condo" is the most expensive type of property with a $4.17 / sq.feet value followed by "House" with an average price of $3.34 / sq.feet.