The rent prices in real estate in Estero, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Estero has fallen during the last 6 months. In October, the average price per sq.feet was $2.84. In November this price barely changed remaining at $2.79 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.82 to $2.67 per sq.feet. The price per sq.feet has had a considerable fall of 83 % 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 $2.74 to $2.27 during February, and March.
When referring to the price in Estero (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $4,759. In November This price remains at $4,831. In the following two months the average price has hardly changed with regard to the previous two months from $4,795 to $4,866.5. During the last two months the average price has fallen greatly compared to the previous four going from $4,830.75 to $3,991, which means a 83 % 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 $3,733 they are 42 % more affordable than the average price for Estero . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,374.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.13 / sq.feet, with an average $2.15 / sq.feet price in Estero. The properties with the most expensive average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.77 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,733 it is 52 % more affordable than the average price in Estero. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $3,974 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2.09 / sq.feet followed by "House" priced at $2.27 / sq.feet. "Condo" is the most expensive type of property with a $3.16 / sq.feet value followed by "House" with an average price of $2.27 / sq.feet.