The rent prices in real estate in Toluca Lake, 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 Toluca Lake has risen during the last 6 months. In January, the average price per sq.feet was $2.32. In February this price barely changed remaining at $2.39 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $2.36 to $2.58 per sq.feet. The price per sq.feet has risen 114 % 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 $2.47 to $2.82 during May, and June.
When referring to the price in Toluca Lake (cities), this has fallen considerably in the last 6 months. The average price for January is $3,520. During February the price had a slight fall till $3,181. During the following two months (March, April) 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 with regard to the previous ones. To be precise it has fallen 95 %, going from $2,905.25 to $2,747.5 in May and June.
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 $2,919 they are 24 % more affordable than the average price for Toluca Lake . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,159.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.62 / sq.feet, with an average $2.79 / sq.feet price in Toluca Lake. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.84 / sq.feet.
According to average price per property type in Toluca Lake, "" priced at $2,963 is 2 % more expensive than the average price ($2,919) in this city.