Property prices for rent in Topanga (California)

The rent prices in real estate in Topanga, 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.

$8,719
Average price last 6 months
$4.66
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Topanga has had a strong fall during the last 6 months. In September, the average price per sq.feet was $5.63. In the following month the price per sq.feet fell to $5. The price for the following two months in (November, December) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $5.01 to $3.97 during January, and February.

Average price

When referring to the price in Topanga (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $10,245. In October This price remains at $9,926. During the following two months (November, December) the average price fell 89 % 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 $9,525.25 to $7,106.5, which means a 75 % fall.

Average price per bedrooms

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 $6,671 they are 42 % more affordable than the average price for Topanga . The properties with the highest average price have 3 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 4 bedrooms priced at $10,228.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.8 / sq.feet price in Topanga. The properties with the most expensive average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $3.76 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $6,671 it is 33 % more affordable than the average price in Topanga. "Detached House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $9,000 it is 37 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3 / sq.feet followed by "Condo" priced at $12 / sq.feet. "Condo" is the most expensive type of property with a $12 / sq.feet value followed by "House" with an average price of $3 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Topanga
Number of properties used in region California
$6,671
$3.8
412
1,063,178
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value