Property prices for rent in Sierra Madre (California)
The rent prices in real estate in Sierra Madre, 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 Sierra Madre has risen during the last 6 months. In November, the average price per sq.feet was $3.66. In December this price barely changed remaining at $3.64 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $3.65 to $3.91 per sq.feet. The price per sq.feet has risen 108 % 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 $3.78 to $4.07 during March, and April.
When referring to the price in Sierra Madre (cities), this has fallen in the last 6 months. The average price for November is $3,581. During December the price had a slight fall till $3,264. In the following two months the average price has hardly changed with regard to the previous two months from $3,422.5 to $3,360. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $3,391.25 to $3,060.5 in March and April.
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 $2,874 they are 6 % more affordable than the average price for Sierra Madre . The properties with the highest average price have 4 bedrooms, Their price is 108 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,540.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.71 / sq.feet price in Sierra Madre. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.59 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,874 it is 7 % more affordable than the average price in Sierra Madre. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $4,233 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Apartment" with an average price of $1 / sq.feet.
