Property prices for rent in Bal Harbour (Florida)
The rent prices in real estate in Bal Harbour, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Bal Harbour has risen during the last 6 months. In February, the average price per sq.feet was $16.27. In the following month the price per sq.feet rose considerably to $22.95. The price for the following two months in (April, May) had a considerable fall of 66 with regard to the previous two months. The price per sq.feet has had a considerable rise of 132 % 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 $16.31 to $21.49 during June, and July.
When referring to the price in Bal Harbour (cities), there have hardly been any changes in the last 6 months. The rent price in February is $13,018, rising in March till $14,020. In the following two months the average price has hardly changed with regard to the previous two months from $13,519 to $13,038. 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 $13,278.5 and $13,546.5 between June and July.
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 $15,091 they are 62 % more affordable than the average price for Bal Harbour . The properties with the highest average price have 3 bedrooms, Their price is 105 % more expensive than the average. After that we have properties with 4 bedrooms priced at $30,500.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $5.47 / sq.feet, with an average $31.99 / sq.feet price in Bal Harbour. The properties with the most affordable average prices have 3 bedrooms. They are 66 % more affordable than the average followed by properties with 2 bedrooms with a price at $8.96 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $15,091 it is 52 % more affordable than the average price in Bal Harbour. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Condo". At a price of $17,453 it is 196 % 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 $5.58 / sq.feet followed by "Condo" priced at $9.46 / sq.feet. "Villa" is the most expensive type of property with a $101.76 / sq.feet value followed by "House" with an average price of $71.08 / sq.feet.
