The rent prices in real estate in Kissimmee, in the Florida region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Kissimmee has had a strong fall during the last 6 months. In March, the average price per sq.feet was $9.01. In the following month the price per sq.feet fell considerably to $7.03. The price for the following two months in (May, June) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $5.91 to $2.42 during July, and August.
When referring to the price in Kissimmee (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,544. In April This price remains at $1,483. In the following two months the average price has hardly changed with regard to the previous two months from $1,513.5 to $1,558. 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 $1,535.75 and $1,519 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 $1,475 they are 11 % more affordable than the average price for Kissimmee . The properties with the highest average price have 4 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,464.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.87 / sq.feet, with an average $1.14 / sq.feet price in Kissimmee. The properties with the most expensive average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.38 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,475 it is 3 % more affordable than the average price in Kissimmee. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,458 it is 12 % 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 $0.99 / sq.feet followed by "Condo" priced at $1 / sq.feet. "Commercial" is the most expensive type of property with a $24 / sq.feet value followed by "House" with an average price of $1.47 / sq.feet.