The rent prices in real estate in Shasta Lake, 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 Shasta Lake has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.97. In the following month the price per sq.feet rose considerably to $1.14. In the following two months the price per sq.feet has risen 107 %, going from $1.05 to $1.13 per sq.feet. The price per sq.feet has had a considerable rise of 133 % 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 $1.09 to $1.45 during February, and March.
When referring to the price in Shasta Lake (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,036. In November This price remains at $1,044. In the following two months the average price has hardly changed with regard to the previous two months from $1,040 to $1,048. 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 $1,044 and $1,016.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,017 they are 4 % more expensive than the average price for Shasta Lake. Following this ranking we find those properties with 2 at an average price of $1,168. The properties with the highest average price have 3 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,346.
With regard to the average prices per sq.feet those properties with 1 bedroom are 25 % more expensive than the average price of ($2.13 / sq.feet) in Shasta Lake. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more expensive than the average value aforementioned.
According to average price per property type in Shasta Lake, "" priced at $1,220 is 20 % more expensive than the average price ($1,017) in this city.