The rent prices in real estate in Toluca Lake, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Toluca Lake has fallen during the last 6 months. In October, the average price per sq.feet was $3.46. In November this price barely changed remaining at $3.38 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $3.27 to $2.94 during February, and March.
When referring to the price in Toluca Lake (cities), this has fallen in the last 6 months. The average price for October is $4,220. During November the price had a slight fall till $3,741. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $3,858.5 to $3,448.5 in February and March.
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 $3,651 they are 43 % more affordable than the average price for Toluca Lake . The properties with the highest average price have 4 bedrooms, Their price is 306 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,930.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.64 / sq.feet, with an average $2.92 / sq.feet price in Toluca Lake. The properties with the most expensive average prices have 4 bedrooms. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.99 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,651 it is 23 % more affordable than the average price in Toluca Lake. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $4,387 it is 28 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $3 / sq.feet. "House" at an average price of $3 / sq.feet has the highest price and would be directed at more affluent cities.