Property prices for rent in Cape Coral (Florida)
The rent prices in real estate in Cape Coral, 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 Cape Coral has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.16. In the following month the price per sq.feet rose to $1.24. The price for the following two months in (September, October) had a considerable rise of 127 %. The price per sq.feet has had a considerable rise of 128 % 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 $1.36 to $1.75 during November, and December.
When referring to the price in Cape Coral (cities), this has risen considerably in the last 6 months. In our first sample month during July, the average price is $1,519. In August This price remains at $1,495. During the following two months (September, October) the average price had a considerable rise of 142 % 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 had a strong increase of 144 % 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 $2,808 they are 57 % more affordable than the average price for Cape Coral . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,327.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.4 / sq.feet, with an average $1.81 / sq.feet price in Cape Coral. The properties with the most expensive average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.67 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,808 it is 55 % more affordable than the average price in Cape Coral. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Land". At a price of $1,656 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.08 / sq.feet followed by "House" priced at $1.33 / sq.feet. "Townhouse" is the most expensive type of property with a $28 / sq.feet value followed by "Commercial" with an average price of $20 / sq.feet.
