Property prices for rent in Santa Fe (New Mexico)
The rent prices in real estate in Santa Fe, in the New Mexico 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 Santa Fe has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.69. In June this price barely changed remaining at $1.67 per sq.feet. The price for the following two months in (July, August) had a considerable rise of 251 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.95 to $2.96 during September y October
When referring to the price in Santa Fe (cities), this has fallen considerably in the last 6 months. The average price for May is $1,776. During June the price had a slight fall till $1,622. During the following two months (July, August) the average price had a considerable fall of 51 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $1,804 they are 29 % more affordable than the average price for Santa Fe . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,683.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $1.72 / sq.feet price in Santa Fe. 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 $1.67 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,804 it is 21 % more affordable than the average price in Santa Fe. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $1,609 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Townhouse" priced at $6 / sq.feet. "Townhouse" is the most expensive type of property with a $6 / sq.feet value followed by "House" with an average price of $1 / sq.feet.
