The rent prices in real estate in Lake Park, 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 Lake Park has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.91. In the following month the price per sq.feet rose considerably to $6.51. In the following two months the price per sq.feet has practically remained the same, going from $4.71 to $4.77 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $4.74 to $4.84 during February y March
When referring to the price in Lake Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,413. In November This price remains at $2,500. In the following two months the average price has hardly changed with regard to the previous two months from $2,456.5 to $2,523.5. 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 $2,490 and $2,556 between February and March.
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 $2,533 they are 28 % more affordable than the average price for Lake Park . The properties with the highest average price have 4 bedrooms, Their price is 96 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,875.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $6.07 / sq.feet price in Lake Park. The properties with the most affordable average prices have 1 bedroom. They are 27 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,533 it is 10 % more affordable than the average price in Lake Park. "Villa" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Villa". At a price of $2,647 it is 36 % 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 "Villa" priced at $2 / sq.feet. "Condo" is the most expensive type of property with a $11 / sq.feet value followed by "Villa" with an average price of $2 / sq.feet.