Property prices for rent in Cutler Bay (Florida)

The rent prices in real estate in Cutler Bay, 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.

$2,283
Average price last 6 months
$2.96
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cutler Bay has risen strongly during the last 6 months. In February, the average price per sq.feet was $2.07. In the following month the price per sq.feet rose considerably to $3.75. In the following two months the price per sq.feet has practically remained the same, going from $2.91 to $2.82 per sq.feet. The price per sq.feet has risen 110 % 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 $2.86 to $3.15 during June, and July.

Average price

When referring to the price in Cutler Bay (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $1,879. In March This price remains at $1,969. During the following two months (April, May) the average price had a considerable rise of 119 % 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 124 % during the last two months.

Average price per bedrooms

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 $2,525 they are 59 % more affordable than the average price for Cutler Bay . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,416.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.43 / sq.feet, with an average $2.94 / sq.feet price in Cutler Bay. The properties with the most affordable average prices have 2 bedrooms. They are 41 % more affordable than the average followed by properties with 4 bedrooms with a price at $1.58 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,525 it is 39 % more affordable than the average price in Cutler Bay. "Condo" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $3,432 it is 79 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.43 / sq.feet. "Villa" is the most expensive type of property with a $17.98 / sq.feet value followed by "House" with an average price of $1.61 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Cutler Bay
Number of properties used in region Florida
$2,525
$2.94
558
574,488
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value