The rent prices in real estate in Boynton Beach, 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 Boynton Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was $7.2. In the following month the price per sq.feet rose considerably to $11.5. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $8.06 to $8.72 during February, and March.
When referring to the price in Boynton Beach (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $2,985. During November the price went through a considerable rise reaching $3,823. During the following two months (December, January) the average price fell 88 % 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 89 %, going from $3,201.25 to $2,865 in February and March.
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 $2,878 they are 24 % more affordable than the average price for Boynton Beach . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,304.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.18 / sq.feet, with an average $10.99 / sq.feet price in Boynton Beach. The properties with the most affordable average prices have 1 bedroom. They are 75 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,878 it is 18 % more affordable than the average price in Boynton Beach. "House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Townhouse". At a price of $3,460 it is 50 % 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 $2.36 / sq.feet followed by "Villa" priced at $2.56 / sq.feet. "House" is the most expensive type of property with a $26.18 / sq.feet value followed by "Apartment" with an average price of $24.08 / sq.feet.