Property prices for rent in Studio City (California)
The rent prices in real estate in Studio City, 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 Studio City has risen during the last 6 months. In October, the average price per sq.feet was $3.27. In the following month the price per sq.feet rose to $3.58. In the following two months the price per sq.feet has practically remained the same, going from $3.42 to $3.51 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 $3.47 to $3.49 during February y March
When referring to the price in Studio City (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $4,687. During November the price went through a considerable rise reaching $5,752. During the following two months (December, January) the price has had an average rise from $5,219.5 to $5,736. During the last two months the average price has fallen greatly compared to the previous four going from $5,477.75 to $4,576.5, which means a 84 % fall.
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 $4,824 they are 48 % more affordable than the average price for Studio City . The properties with the highest average price have 4 bedrooms, Their price is 149 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,070.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.15 / sq.feet, with an average $3.51 / sq.feet price in Studio City. The properties with the most expensive average prices have 4 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $3.78 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,824 it is 44 % more affordable than the average price in Studio City. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Condo". At a price of $10,630 it is 228 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $3.29 / sq.feet followed by "House" priced at $3.33 / sq.feet. "Detached House" is the most expensive type of property with a $5 / sq.feet value followed by "Condo" with an average price of $4.08 / sq.feet.
