Property prices for rent in Cutler Bay (Florida)
The rent prices in real estate in Cutler Bay, 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 Cutler Bay has risen during the last 6 months. In October, the average price per sq.feet was $9.07. In the following month the price per sq.feet rose considerably to $13.07. The price for the following two months in (December, January) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has risen 106 % 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 $9.55 to $10.15 during February, and March.
When referring to the price in Cutler Bay (cities), this has risen in the last 6 months. The rent price in October is $2,787, rising in November till $3,026. In the following two months the average price has hardly changed with regard to the previous two months from $2,906.5 to $2,818. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $3,240 they are 44 % more affordable than the average price for Cutler Bay . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,964.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.01 / sq.feet, with an average $12.83 / sq.feet price in Cutler Bay. The properties with the most affordable average prices have 1 bedroom. They are 80 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.29 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $3,240 it is 35 % more affordable than the average price in Cutler Bay. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $3,156 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Villa" at an average price of $2.34 / sq.feet followed by "Townhouse" priced at $2.69 / sq.feet. "Condo" is the most expensive type of property with a $22.31 / sq.feet value followed by "House" with an average price of $5.15 / sq.feet.
