The rent prices in real estate in Fort Lauderdale, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Fort Lauderdale has risen during the last 6 months. In December, the average price per sq.feet was $2.14. In January this price barely changed remaining at $2.09 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.12 to $2.2 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $2.16 to $2.57 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 $2,110. In January This price remains at $2,206. In the following two months the average price has hardly changed with regard to the previous two months from $2,158 to $2,112. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $2,492 they are 23 % more affordable than the average price for Fort Lauderdale . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,734.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $2.69 / sq.feet price in Fort Lauderdale. The properties with the most expensive average prices have 1 bedroom. They are 688 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.89 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,492 it is 45 % 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 "Condo" followed by "Townhouse". At a price of $2,440 it is 13 % 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 $1.56 / sq.feet followed by "House" priced at $2.18 / sq.feet. "Commercial" is the most expensive type of property with a $39 / sq.feet value followed by "Apartment" with an average price of $17 / sq.feet.