Property prices for rent in South Gate (California)

The rent prices in real estate in South Gate, 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.

$1,790.17
Average price last 6 months
$8.18
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in South Gate has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.32. In the following month the price per sq.feet fell to $2.14. The price for the following two months in (January, February) had a considerable rise of 614 %. 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 $7.97 to $8.6 during March, and April.

Average price

When referring to the price in South Gate (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $1,700. In December This price remains at $1,764. In the following two months the average price has hardly changed with regard to the previous two months from $1,732 to $1,666.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,055 they are 29 % more affordable than the average price for South Gate . The properties with the lowest average price have 2 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,673.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2.75 / sq.feet, with an average $2.44 / sq.feet price in South Gate. The properties with the most expensive average prices have 3 bedrooms. They are 392 % more expensive than the average followed by properties with 1 bedroom with a price at $2.75 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $2,055 it is 29 % more affordable than the average price in South Gate. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,463 it is 24 % more affordable than the average price.

According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $7 / sq.feet followed by "House" priced at $12 / sq.feet. "House" is the most expensive type of property with a $12 / sq.feet value followed by "Commercial" with an average price of $7 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in South Gate
Number of properties used in region California
$2,055
$2.44
80
630,500
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value