The average rent price in the California region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in California has barely changed in the last 6 months. During February, the average price per sq.feet was $2.54. The following month (March) the price rose to $2.69 per sq.feet. The following two months (April, May) went through a fall of 90 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has risen 114 %. This has been obtained by comparing the price $2.48 for the first four months of the sample with regard to the previous 4 months and the price $2.82 per sq.feet for the last two months (June, July).
When referring to the price in California(region), there have hardly been any changes in the last 6 months. The average rent price in February is $2,414. In March the price rose to $2,573. The average price for the following two months (April, May) fell 91 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from $2,379.75 to $2,490 during June and July.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 25 % cheaper than the average price in California followed by those with 2 with an average price of $2,591. The most expensive properties have 4 bedrooms. They are 69 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,298.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $2.37 / sq.feet being $2.86 / sq.feet the average for California. The properties with the highest average price are those with 1 bedroom. These are 16 % more expensive than the average followed by those with 2 bedrooms with a price of $2.59 / sq.feet.
The graph displaying the average rent price according to the property type shows "Villa" as the most affordable one. With an average cost of $2,658 it is 21 % cheaper than the average in California. This is followed by "House" with a cost of $2,281. The most expensive property type is "Apartment" and is 41 % more costly than the average, followed by "Land" with a cost of $3,083.
Based upon the average cost per sq.feet the most affordable property type is "Villa with a an average price of $1 / sq.feet, followed by "Condo" with a price of $2.51 / sq.feet. "Apartment" with an average price of $95.7 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of $25.03 / sq.feet.