The rent prices in real estate in Aventura, 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 Aventura has had a strong fall during the last 6 months. In August, the average price per sq.feet was $18.25. In the following month the price per sq.feet fell considerably to $9.65. The price for the following two months in (October, November) had a considerable fall of 44 with regard to the previous two months. The price per sq.feet has had a considerable fall of 43 % 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 $10.06 to $4.36 during December, and January.
When referring to the price in Aventura (cities), there have hardly been any changes in the last 6 months. The rent price in August is $2,804, rising in September till $3,009. In the following two months the average price has hardly changed with regard to the previous two months from $2,906.5 to $2,855.5. 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 $2,881 and $2,859 between December and January.
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 $2,717 they are 37 % more affordable than the average price for Aventura . The properties with the highest average price have 4 bedrooms, Their price is 218 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,283.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.96 / sq.feet, with an average $4.78 / sq.feet price in Aventura. The properties with the most affordable average prices have 4 bedrooms. They are 44 % more affordable than the average followed by properties with 3 bedrooms with a price at $2.16 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,717 it is 23 % more affordable than the average price in Aventura. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Townhouse". At a price of $4,066 it is 295 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.96 / sq.feet followed by "House" priced at $1.98 / sq.feet. "Villa" is the most expensive type of property with a $30.84 / sq.feet value followed by "Townhouse" with an average price of $15.46 / sq.feet.