The rent prices in real estate in Lutz, 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 Lutz has risen during the last 6 months. In October, the average price per sq.feet was $1.4. In November this price barely changed remaining at $1.45 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.42 to $1.45 per sq.feet. The price per sq.feet has risen 111 % 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 $1.6 during February, and March.
When referring to the price in Lutz (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,617. In November This price remains at $1,648. In the following two months the average price has hardly changed with regard to the previous two months from $1,632.5 to $1,568. 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 $1,600.25 and $1,578 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 $1,662 they are 12 % more affordable than the average price for Lutz . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,199.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.67 / sq.feet price in Lutz. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.51 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,662 it is 49 % more affordable than the average price in Lutz. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,817 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.08 / sq.feet followed by "House" priced at $1.79 / sq.feet. "House" is the most expensive type of property with a $1.79 / sq.feet value followed by "Condo" with an average price of $1.08 / sq.feet.