Property prices for rent in Boca Raton (Florida)
The rent prices in real estate in Boca Raton, 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 Boca Raton has risen strongly during the last 6 months. In September, the average price per sq.feet was $4.92. In the following month the price per sq.feet rose considerably to $7.83. In the following two months the price per sq.feet has practically remained the same, going from $6.38 to $6.26 per sq.feet. The price per sq.feet has risen 112 % 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 $6.32 to $7.05 during January, and February.
When referring to the price in Boca Raton (cities), there have hardly been any changes in the last 6 months. The rent price in September is $3,936, rising in October till $4,207. During the following two months (November, December) the average price fell 93 % 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 increased 112 % 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 $4,564 they are 48 % more affordable than the average price for Boca Raton . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,473.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.62 / sq.feet, with an average $6.93 / sq.feet price in Boca Raton. The properties with the most affordable average prices have 1 bedroom. They are 53 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.88 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,564 it is 39 % more affordable than the average price in Boca Raton. "Condo" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $5,300 it is 63 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.86 / sq.feet followed by "Apartment" priced at $3.13 / sq.feet. "Villa" is the most expensive type of property with a $31.31 / sq.feet value followed by "Townhouse" with an average price of $24.52 / sq.feet.
