The rent prices in real estate in Tehachapi, 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 Tehachapi has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.12. In the following month the price per sq.feet rose considerably to $22.52. The price for the following two months in (May, June) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 15 % 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 $6.49 to $0.98 during July, and August.
When referring to the price in Tehachapi (cities), this has risen in the last 6 months. The rent price in March is $1,323, rising in April till $1,425. During the following two months (May, June) the price has had an average rise from $1,374 to $1,459.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,416.75 and $1,464 between July and August.
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 $1,479 they are 38 % more affordable than the average price for Tehachapi . The properties with the lowest average price have 3 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,261.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 2726 % more expensive than the average price of ($26 / sq.feet) in Tehachapi. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 2726 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,479 it is 15 % more affordable than the average price in Tehachapi. "Commercial" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "House". At a price of $1,261 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $25 / sq.feet followed by "House" priced at $26 / sq.feet. "House" is the most expensive type of property with a $26 / sq.feet value followed by "Commercial" with an average price of $25 / sq.feet.