Property prices for rent in Fort Lauderdale (Florida)
The rent prices in real estate in Fort Lauderdale, 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 Fort Lauderdale has risen strongly during the last 6 months. In August, the average price per sq.feet was $3.52. In the following month the price per sq.feet rose considerably to $8.89. The price for the following two months in (October, November) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has had a considerable rise of 122 % 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 $5.63 to $6.87 during December, and January.
When referring to the price in Fort Lauderdale (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $4,151. In September This price remains at $4,332. During the following two months (October, November) the average price fell 92 % with regard to the previous two months. 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 $4,013 they are 37 % more affordable than the average price for Fort Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 162 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,646.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.88 / sq.feet, with an average $5.11 / sq.feet price in Fort Lauderdale. The properties with the most affordable average prices have 4 bedrooms. They are 21 % more affordable than the average followed by properties with 1 bedroom with a price at $3.22 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $4,013 it is 66 % more affordable than the average price in Fort Lauderdale. "Condo" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $7,075 it is 87 % 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 $1.84 / sq.feet followed by "Condo" priced at $3.09 / sq.feet. "Villa" is the most expensive type of property with a $39.45 / sq.feet value followed by "Townhouse" with an average price of $25.11 / sq.feet.
