The rent prices in real estate in Lake Worth, 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 Lake Worth has risen during the last 6 months. In April, the average price per sq.feet was $1.35. In May this price barely changed remaining at $1.38 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from $1.37 to $1.52 per sq.feet. The price per sq.feet has risen 105 % 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 $1.44 to $1.52 during August, and September.
When referring to the price in Lake Worth (cities), this has fallen in the last 6 months. The average price for April is $1,676. During May the price had a slight fall till $1,526. In the following two months the average price has hardly changed with regard to the previous two months from $1,601 to $1,543.5. 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 $1,572.25 and $1,626 between August and September.
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 $1,660 they are 23 % more affordable than the average price for Lake Worth . The properties with the highest average price have 4 bedrooms, Their price is 99 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,233.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.36 / sq.feet, with an average $1.46 / sq.feet price in Lake Worth. The properties with the most expensive average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.46 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,660 it is 13 % more affordable than the average price in Lake Worth. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Townhouse". At a price of $2,085 it is 84 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $1.51 / sq.feet followed by "House" priced at $1.67 / sq.feet. "Townhouse" is the most expensive type of property with a $32.21 / sq.feet value followed by "Villa" with an average price of $13.98 / sq.feet.