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 December, the average price per sq.feet was $2.36. In January this price barely changed remaining at $2.33 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 270 %. The price per sq.feet has had a considerable rise of 130 % 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 $4.33 to $5.63 during April, and May.
When referring to the price in Fort Lauderdale (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $2,350. In January This price remains at $2,324. During the following two months (February, March) the price has had an average rise from $2,337 to $2,499. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $3,048 they are 34 % more affordable than the average price for Fort Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 90 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,898.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.3 / sq.feet, with an average $5.71 / sq.feet price in Fort Lauderdale. The properties with the most affordable average prices have 4 bedrooms. They are 49 % more affordable than the average followed by properties with 1 bedroom with a price at $2.63 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,048 it is 38 % more affordable than the average price in Fort Lauderdale. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Duplex". At a price of $4,217 it is 260 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2.07 / sq.feet followed by "House" priced at $2.28 / sq.feet. "Villa" is the most expensive type of property with a $42.69 / sq.feet value followed by "Apartment" with an average price of $37 / sq.feet.
