Property prices for rent in Delray Beach (Florida)
The rent prices in real estate in Delray Beach, 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 Delray Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was $10.21. In the following month the price per sq.feet rose to $11.66. The price for the following two months in (December, January) had a considerable rise of 119 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $12 to $11.8 during February y March
When referring to the price in Delray Beach (cities), this has fallen in the last 6 months. The rent price in October is $4,343, rising in November till $4,576. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $4,244.25 to $3,670 in February and March.
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 $3,904 they are 38 % more affordable than the average price for Delray Beach . The properties with the highest average price have 4 bedrooms, Their price is 164 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,049.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.39 / sq.feet, with an average $16.05 / sq.feet price in Delray Beach. The properties with the most affordable average prices have 4 bedrooms. They are 74 % more affordable than the average followed by properties with 1 bedroom with a price at $3.1 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,904 it is 35 % more affordable than the average price in Delray Beach. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Apartment". At a price of $7,470 it is 104 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.62 / sq.feet followed by "Villa" priced at $2.72 / sq.feet. "Land" is the most expensive type of property with a $43 / sq.feet value followed by "Apartment" with an average price of $39.98 / sq.feet.
