The rent prices in real estate in Cape Coral, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Cape Coral has risen during the last 6 months. In January, the average price per sq.feet was $1.92. In the following month the price per sq.feet rose to $2.03. In the following two months the price per sq.feet has risen 109 %, going from $1.98 to $2.15 per sq.feet. The price per sq.feet has risen 107 % 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 $2.06 to $2.2 during May, and June.
When referring to the price in Cape Coral (cities), this has risen considerably in the last 6 months. The rent price in January is $2,883, rising in February till $3,138. During the following two months (March, April) the price has had an average rise from $3,010.5 to $3,277.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $3,609 they are 55 % more affordable than the average price for Cape Coral . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,935.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.13 / sq.feet, with an average $2.18 / sq.feet price in Cape Coral. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.23 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,609 it is 63 % more affordable than the average price in Cape Coral. "Commercial" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,539 it is 5 % 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 $1.85 / sq.feet followed by "Commercial" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $7 / sq.feet value followed by "Condo" with an average price of $2.16 / sq.feet.