The rent prices in real estate in Boynton Beach, 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 Boynton Beach has had a strong fall during the last 6 months. In June, the average price per sq.feet was $2.63. In the following month the price per sq.feet fell to $2.39. The price for the following two months in (August, September) had a considerable fall of 62 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $2.03 to $1.53 during October, and November.
When referring to the price in Boynton Beach (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,898. In July This price remains at $1,856. During the following two months (August, September) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,805 to $1,696.5 in October and November.
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 $1,719 they are 20 % more affordable than the average price for Boynton Beach . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,024.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.33 / sq.feet, with an average $1.55 / sq.feet price in Boynton Beach. The properties with the most expensive average prices have 4 bedrooms. They are 3508 % more expensive than the average followed by properties with 1 bedroom with a price at $1.69 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,719 it is 6 % more affordable than the average price in Boynton Beach. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Condo". At a price of $2,150 it is 93 % 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 $1.34 / sq.feet followed by "Townhouse" priced at $1.44 / sq.feet. "Apartment" is the most expensive type of property with a $129 / sq.feet value followed by "Commercial" with an average price of $24 / sq.feet.