The rent prices in real estate in Santa Margarita, 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 Santa Margarita has risen strongly during the last 6 months. In March, the average price per sq.feet was $14. In April this price barely changed remaining at $14 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 161 %. The price per sq.feet has had a considerable fall of 71 % 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 $18.25 to $13 during July, and August.
When referring to the price in Santa Margarita (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,826. In April This price remains at $1,826. In the following two months the average price has hardly changed with regard to the previous two months from $1,826 to $1,826. 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 $1,826 and $1,824 between July and August.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 4 % more affordable than the average price of $1,744 in Santa Margarita. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
According to average price per property type in Santa Margarita, "" priced at $1,724 is 5 % lower than the average price ($1,824) in this city.