The rent prices in real estate in Simi Valley, 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 Simi Valley has risen during the last 6 months. In November, the average price per sq.feet was $2.37. In December this price barely changed remaining at $2.33 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.35 to $2.44 per sq.feet. The price per sq.feet has risen 110 % 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 $2.4 to $2.64 during March, and April.
When referring to the price in Simi Valley (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,521. In December This price remains at $2,521. In the following two months the average price has hardly changed with regard to the previous two months from $2,521 to $2,410.5. 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 $2,465.75 and $2,463 between 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 $2,551 they are 21 % more affordable than the average price for Simi Valley . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,206.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.85 / sq.feet, with an average $2.65 / sq.feet price in Simi Valley. The properties with the most expensive average prices have 1 bedroom. They are 369 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.65 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,551 it is 12 % more affordable than the average price in Simi Valley. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,789 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2 / sq.feet followed by "Condo" priced at $2.2 / sq.feet. "Duplex" is the most expensive type of property with a $16 / sq.feet value followed by "House" with an average price of $11.39 / sq.feet.