Property prices for rent in Hialeah (Florida)
The rent prices in real estate in Hialeah, 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 Hialeah has risen strongly during the last 6 months. In March, the average price per sq.feet was $3.99. In April this price barely changed remaining at $3.91 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 126 %. The price per sq.feet has had a considerable rise of 189 % 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 $4.47 to $8.44 during July, and August.
When referring to the price in Hialeah (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,974. In April This price remains at $2,837. In the following two months the average price has hardly changed with regard to the previous two months from $2,905.5 to $2,782.5. 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 $2,844 and $2,953 between July and August.
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 $2,936 they are 33 % more affordable than the average price for Hialeah . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,191.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.67 / sq.feet, with an average $8.27 / sq.feet price in Hialeah. The properties with the most affordable average prices have 1 bedroom. They are 68 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.22 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,936 it is 23 % more affordable than the average price in Hialeah. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Detached House". At a price of $3,393 it is 35 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.92 / sq.feet followed by "Detached House" priced at $2.16 / sq.feet. "Villa" is the most expensive type of property with a $23.94 / sq.feet value followed by "Townhouse" with an average price of $23.39 / sq.feet.
