The rent prices in real estate in Indialantic, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Indialantic has fallen during the last 6 months. In March, the average price per sq.feet was $2.18. In April this price barely changed remaining at $2.15 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.16 to $2.1 per sq.feet. The price per sq.feet has fallen 94 % 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 $2.13 to $2 during July, and August.
When referring to the price in Indialantic (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,867. In April This price remains at $2,771. In the following two months the average price has hardly changed with regard to the previous two months from $2,819 to $2,807. 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 $2,813 and $2,775.5 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 $2,856 they are 42 % more affordable than the average price for Indialantic . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,460.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.04 / sq.feet price in Indialantic. The properties with the most affordable average prices have 1 bedroom. They are 2 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,856 it is 37 % more affordable than the average price in Indialantic. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,839 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Condo" priced at $2 / sq.feet. "Condo" is the most affordable type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.