The rent prices in real estate in South Pasadena, 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.
The price per sq.feet in South Pasadena has risen strongly during the last 6 months. In June, the average price per sq.feet was $2.07. In the following month the price per sq.feet rose considerably to $2.68. In the following two months the price per sq.feet has risen 108 %, going from $2.38 to $2.56 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.47 to $2.4 during October y November
When referring to the price in South Pasadena (cities), this has risen in the last 6 months. The rent price in June is $2,099, rising in July till $2,271. During the following two months (August, September) the price has had an average rise from $2,185 to $2,342. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,429 they are 21 % more affordable than the average price for South Pasadena . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,257.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.31 / sq.feet, with an average $2.39 / sq.feet price in South Pasadena. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.45 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,429 it is 12 % more affordable than the average price in South Pasadena. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,673 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $2.45 / sq.feet followed by "House" priced at $2.53 / sq.feet. "Townhouse" is the most expensive type of property with a $33 / sq.feet value followed by "House" with an average price of $2.53 / sq.feet.