The rent prices in real estate in Melbourne Beach, 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 Melbourne Beach has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $2. The price for the following two months in (July, August) had a considerable rise of 1896 %. The price per sq.feet has had a considerable fall of 17 % 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 $9.98 to $1.7 during September, and October.
When referring to the price in Melbourne Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,714. During June the price went through a considerable rise reaching $4,592. During the following two months (July, August) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $3,057 to $2,646 in September and October.
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 $2,545 they are 2 % more affordable than the average price for Melbourne Beach . The properties with the highest average price have 4 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,487.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $53 / sq.feet, with an average $1.72 / sq.feet price in Melbourne Beach. The properties with the most expensive average prices have 4 bedrooms. They are 3853 % more expensive than the average followed by properties with 1 bedroom with a price at $53 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,545 it is 7 % more affordable than the average price in Melbourne Beach. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $2,367 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $67 / sq.feet followed by "House" priced at $68 / sq.feet. "House" is the most expensive type of property with a $68 / sq.feet value followed by "Land" with an average price of $67 / sq.feet.