Property prices for rent in South Lake Tahoe (California)
The rent prices in real estate in South Lake Tahoe, 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 South Lake Tahoe has risen during the last 6 months. In December, the average price per sq.feet was $1.96. In the following month the price per sq.feet rose to $2.16. In the following two months the price per sq.feet has practically remained the same, going from $2.06 to $2.16 per sq.feet. The price per sq.feet has risen 113 % 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 $2.11 to $2.38 during April, and May.
When referring to the price in South Lake Tahoe (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,981. During January the price went through a considerable rise reaching $2,651. In the following two months the average price has hardly changed with regard to the previous two months from $2,316 to $2,255. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $2,862 they are 51 % more affordable than the average price for South Lake Tahoe . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,545.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.28 / sq.feet, with an average $2.33 / sq.feet price in South Lake Tahoe. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.48 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,862 it is 59 % more affordable than the average price in South Lake Tahoe. "Duplex" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,796 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Duplex" priced at $8 / sq.feet. "Commercial" is the most expensive type of property with a $13 / sq.feet value followed by "Duplex" with an average price of $8 / sq.feet.
