The rent prices in real estate in Cocoa, 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 Cocoa has risen during the last 6 months. In July, the average price per sq.feet was $1.11. In the following month the price per sq.feet rose to $1.17. In the following two months the price per sq.feet has risen 111 %, going from $1.14 to $1.26 per sq.feet. The price per sq.feet has fallen 93 % 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 $1.2 to $1.12 during November, and December.
When referring to the price in Cocoa (cities), this has risen in the last 6 months. The average price during our first sample month during July, is $1,077. During August the price went through a considerable rise reaching $1,380. In the following two months the average price has hardly changed with regard to the previous two months from $1,228.5 to $1,225.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,227 to $958.5, which means a 78 % fall.
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 $955 they are 23 % more affordable than the average price for Cocoa . The properties with the highest average price have 3 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,088.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.07 / sq.feet price in Cocoa. The properties with the most expensive average prices have 4 bedrooms. They are 1208 % more expensive than the average followed by properties with 1 bedroom with a price at $1.11 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most expensive one. At an cost of $955 it is 12 % more expensive than the average price in Cocoa. "House" is seen as the second most expensive property type. The most expensive property type is "Office" followed by "". At a price of $1,448 it is 2181 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $5 / sq.feet followed by "House" priced at $14 / sq.feet. "Office" is the most expensive type of property with a $20 / sq.feet value followed by "House" with an average price of $14 / sq.feet.