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.