The rent prices in real estate in Bradenton, 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 Bradenton has had a strong fall during the last 6 months. In December, the average price per sq.feet was $26.02. In the following month the price per sq.feet rose considerably to $35.5. The price for the following two months in (February, March) had a considerable fall of 9 with regard to the previous two months. The price per sq.feet has had a considerable fall of 29 % 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 $16.76 to $4.84 during April, and May.
When referring to the price in Bradenton (cities), this has risen in the last 6 months. The rent price in December is $1,473, rising in January till $1,630. During the following two months (February, March) the price has had an average rise from $1,551.5 to $1,637. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $1,745 they are 41 % more affordable than the average price for Bradenton . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,955.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.56 / sq.feet, with an average $4.38 / sq.feet price in Bradenton. The properties with the most expensive average prices have 1 bedroom. They are 93 % more expensive than the average followed by properties with 2 bedrooms with a price at $7.34 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,745 it is 25 % more affordable than the average price in Bradenton. "Villa" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Townhouse". At a price of $1,881 it is 107 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.59 / sq.feet. "Villa" is the most expensive type of property with a $32 / sq.feet value followed by "Office" with an average price of $11 / sq.feet.