The rent prices in real estate in Apopka, in the Florida 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 Apopka has had a strong fall during the last 6 months. In July, the average price per sq.feet was $3.8. In the following month the price per sq.feet fell considerably to $0.97. The price for the following two months in (September, October) had a considerable fall of 41 with regard to the previous two months. The price per sq.feet has had a considerable fall of 58 % 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 $1.68 to $0.96 during November, and December.
When referring to the price in Apopka (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $1,663. In August This price remains at $1,685. During the following two months (September, October) the price has had an average rise from $1,674 to $1,821. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,747.5 and $1,703.5 between November and December.
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 $1,678 they are 34 % more affordable than the average price for Apopka . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,598.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.89 / sq.feet, with an average $0.97 / sq.feet price in Apopka. The properties with the most expensive average prices have 1 bedroom. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.17 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,678 it is 27 % more affordable than the average price in Apopka. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Commercial". At a price of $1,409 it is 2 % 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 $0.97 / sq.feet followed by "Condo" priced at $1.2 / sq.feet. "Commercial" is the most expensive type of property with a $14 / sq.feet value followed by "Condo" with an average price of $1.2 / sq.feet.