Property prices for rent in Florence (Arizona)
The rent prices in real estate in Florence, in the Arizona region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Florence has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.13. In the following month the price per sq.feet rose to $2.24. The price for the following two months in (December, January) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable fall of 72 % 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 $1.75 to $1.27 during February, and March.
When referring to the price in Florence (cities), this has fallen considerably in the last 6 months. The rent price in October is $5,173, rising in November till $5,729. During the following two months (December, January) the average price had a considerable fall of 33 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,632.25 to $1,975.5, which means a 54 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,061 they are 6 % more affordable than the average price for Florence . The properties with the highest average price have 3 bedrooms, Their price is 306 % more expensive than the average. After that we have properties with 1 bedroom priced at $8,031.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.29 / sq.feet price in Florence. The properties with the most expensive average prices have 1 bedroom. They are 1450 % more expensive than the average followed by properties with 2 bedrooms with a price at $5 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,061 it is 32 % more affordable than the average price in Florence. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,910 it is 177 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most expensive type of property with a $2 / sq.feet value followed by "Land" with an average price of $1 / sq.feet.
