Property prices for rent in Delray Beach (Florida)
The rent prices in real estate in Delray Beach, 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 Delray Beach has risen during the last 6 months. In November, the average price per sq.feet was $7.77. In the following month the price per sq.feet rose considerably to $11.68. The price for the following two months in (January, February) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $9.1 to $6.24 during March, and April.
When referring to the price in Delray Beach (cities), this has risen in the last 6 months. The rent price in November is $4,195, rising in December till $4,796. In the following two months the average price has hardly changed with regard to the previous two months from $4,495.5 to $4,611. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $4,553.25 and $4,361 between March and April.
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 $4,570 they are 50 % more affordable than the average price for Delray Beach . The properties with the highest average price have 4 bedrooms, Their price is 125 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,944.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.83 / sq.feet, with an average $8.04 / sq.feet price in Delray Beach. The properties with the most affordable average prices have 4 bedrooms. They are 51 % more affordable than the average followed by properties with 3 bedrooms with a price at $3.2 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $4,570 it is 38 % more affordable than the average price in Delray Beach. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Villa". At a price of $7,128 it is 78 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.63 / sq.feet followed by "Apartment" priced at $2.68 / sq.feet. "Villa" is the most expensive type of property with a $38.09 / sq.feet value followed by "Townhouse" with an average price of $35.99 / sq.feet.
