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 November, the average price per sq.feet was $15. In the following month the price per sq.feet rose considerably to $32. The price for the following two months in (January, February) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $18.75 to $14 during March, and April.
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 November, the average price is $1,828. In December This price remains at $1,828. In the following two months the average price has hardly changed with regard to the previous two months from $1,828 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 $1,827 and $1,826 between March and April.
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 $1,752 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 $1,732 is 5 % lower than the average price ($1,826) in this city.