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 April, the average price per sq.feet was $2.44. In the following month the price per sq.feet rose to $2.69. The price for the following two months in (June, July) had a considerable rise of 153 %. The price per sq.feet has had a considerable rise of 121 % 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 $3.24 to $3.93 during August, and September.
When referring to the price in Fort Lauderdale (cities), this has risen in the last 6 months. The rent price in April is $2,285, rising in May till $2,492. In the following two months the average price has hardly changed with regard to the previous two months from $2,388.5 to $2,487.5. 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 $2,438 and $2,368 between August and September.
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 $2,234 they are 24 % more affordable than the average price for Fort Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 79 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,884.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.79 / sq.feet, with an average $2.61 / sq.feet price in Fort Lauderdale. The properties with the most affordable average prices have 1 bedroom. They are 11 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.24 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,234 it is 17 % more affordable than the average price in Fort Lauderdale. "Land" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Apartment". At a price of $2,957 it is 87 % 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 $2.36 / sq.feet followed by "Townhouse" priced at $2.48 / sq.feet. "Land" is the most expensive type of property with a $40 / sq.feet value followed by "Villa" with an average price of $23.53 / sq.feet.