The rent prices in real estate in South San Francisco, 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 San Francisco has risen during the last 6 months. In April, the average price per sq.feet was $3.68. In May this price barely changed remaining at $3.84 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 121 %. 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 $4.16 to $4.08 during August y September
When referring to the price in South San Francisco (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $2,564. During May the price went through a considerable rise reaching $3,262. During the following two months (June, July) the average price had a considerable rise of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % 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 $3,831 they are 27 % more affordable than the average price for South San Francisco . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,210.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.31 / sq.feet, with an average $4 / sq.feet price in South San Francisco. The properties with the most expensive average prices have 4 bedrooms. They are 1775 % more expensive than the average followed by properties with 1 bedroom with a price at $4.96 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $3,831 it is 19 % more affordable than the average price in South San Francisco. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $3,182 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $65 / sq.feet followed by "Duplex" priced at $72 / sq.feet. "Condo" is the most expensive type of property with a $80 / sq.feet value followed by "Duplex" with an average price of $72 / sq.feet.