Property prices for rent in Bal Harbour (Florida)
The rent prices in real estate in Bal Harbour, in the Florida region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bal Harbour has risen strongly during the last 6 months. In January, the average price per sq.feet was $13.24. In the following month the price per sq.feet rose considerably to $21.6. The price for the following two months in (March, April) had a considerable rise of 196 %. The price per sq.feet has had a considerable rise of 135 % 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 $25.79 to $34.79 during May, and June.
When referring to the price in Bal Harbour (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $8,440. During February the price went through a considerable rise reaching $10,262. During the following two months (March, April) the average price had a considerable rise of 161 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % during the last two months.
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 $16,944 they are 33 % more affordable than the average price for Bal Harbour . The properties with the highest average price have 3 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 4 bedrooms priced at $23,409.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $8.75 / sq.feet, with an average $37.95 / sq.feet price in Bal Harbour. The properties with the most affordable average prices have 1 bedroom. They are 71 % more affordable than the average followed by properties with 3 bedrooms with a price at $10.39 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $16,944 it is 29 % more affordable than the average price in Bal Harbour. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $12,099 it is 38 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $6 / sq.feet. "House" with an average price of $6 / sq.feet has the most affordable price and would be directed at less affluent cities.
