The rent prices in real estate in South Gate, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in South Gate has fallen during the last 6 months. In October, the average price per sq.feet was $3.02. In the following month the price per sq.feet fell to $2.86. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 115 % 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 $2.76 to $3.17 during February, and March.
When referring to the price in South Gate (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $2,348. In November This price remains at $2,393. In the following two months the average price has hardly changed with regard to the previous two months from $2,370.5 to $2,386. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $2,653 they are 2 % more affordable than the average price for South Gate . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,536.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.46 / sq.feet, with an average $3.3 / sq.feet price in South Gate. The properties with the most expensive average prices have 2 bedrooms. They are 1134 % more expensive than the average followed by properties with 1 bedroom with a price at $3.55 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,653 it is 47 % more affordable than the average price in South Gate. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,520 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.68 / sq.feet followed by "Apartment" priced at $3.32 / sq.feet. "Apartment" is the most expensive type of property with a $3.32 / sq.feet value followed by "House" with an average price of $2.68 / sq.feet.