The rent prices in real estate in Tehachapi, 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 Tehachapi has risen during the last 6 months. In November, the average price per sq.feet was $1.22. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (January, February) had a considerable rise of 126 %. The price per sq.feet has risen 106 % 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 $1.25 to $1.33 during March, and April.
When referring to the price in Tehachapi (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,413. In December This price remains at $1,429. In the following two months the average price has hardly changed with regard to the previous two months from $1,421 to $1,376.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,398.75 to $1,280 in March and April.
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 $1,174 they are 22 % more affordable than the average price for Tehachapi . The properties with the highest average price have 4 bedrooms, Their price is 72 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,588.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.3 / sq.feet, with an average $1.31 / sq.feet price in Tehachapi. The properties with the most expensive average prices have 4 bedrooms. They are 1427 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.37 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,174 it is 22 % more affordable than the average price in Tehachapi. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Farm". At a price of $1,241 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $5 / sq.feet followed by "Townhouse" priced at $6 / sq.feet. "Farm" is the most expensive type of property with a $16 / sq.feet value followed by "Townhouse" with an average price of $6 / sq.feet.