The rent prices in real estate in Cape Coral, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Cape Coral has fallen during the last 6 months. In March, the average price per sq.feet was $2.14. In the following month the price per sq.feet fell to $1.85. In the following two months the price per sq.feet has practically remained the same, going from $2 to $2.02 per sq.feet. The price per sq.feet has fallen 89 % 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 $2.01 to $1.79 during July, and August.
When referring to the price in Cape Coral (cities), this has fallen in the last 6 months. The average price for March is $3,237. During April the price had a considerable fall till $2,715. During the following two months (May, June) the price has had an average rise from $2,976 to $3,245.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $3,110.75 to $2,657 in July and August.
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 $2,620 they are 41 % more affordable than the average price for Cape Coral . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,066.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $1.88 / sq.feet, with an average $1.8 / sq.feet price in Cape Coral. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.9 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,620 it is 47 % more affordable than the average price in Cape Coral. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $2,640 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.79 / sq.feet followed by "Condo" priced at $1.86 / sq.feet. "Land" is the most expensive type of property with a $2.55 / sq.feet value followed by "Detached House" with an average price of $2.54 / sq.feet.