The rent prices in real estate in Thousand Palms, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Thousand Palms has had a strong fall during the last 6 months. In June, the average price per sq.feet was $24. In July this price barely changed remaining at $24 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 8 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $13 to during October, and November.
When referring to the price in Thousand Palms (cities), this has fallen considerably in the last 6 months. In our first sample month during June, the average price is $2,053. In July This price remains at $2,053. During the following two months (August, September) the average price had a considerable fall of 73 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,775.75 to $1,357, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 27 % more affordable than the average price of $992 in Thousand Palms. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 27 % more affordable than the average aforementioned.
According to average price per property type in Thousand Palms, "" priced at $931 is 31 % lower than the average price ($1,357) in this city.