The rent prices in real estate in Melbourne Beach, 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 Melbourne Beach has risen during the last 6 months. In December, the average price per sq.feet was $1.64. In the following month the price per sq.feet rose to $1.81. In the following two months the price per sq.feet has risen 108 %, going from $1.73 to $1.87 per sq.feet. The price per sq.feet has risen 107 % 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 $1.8 to $1.93 during April, and May.
When referring to the price in Melbourne Beach (cities), this has risen in the last 6 months. The average price during our first sample month during December, is $2,515. During January the price went through a considerable rise reaching $2,904. In the following two months the average price has hardly changed with regard to the previous two months from $2,709.5 to $2,769.5. 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 $2,739.5 and $2,758.5 between April and May.
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 $2,563 they are 47 % more affordable than the average price for Melbourne Beach . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,746.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.96 / sq.feet price in Melbourne Beach. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,563 it is 14 % more affordable than the average price in Melbourne Beach. "Condo" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "Condo". At a price of $2,344 it is 8 % more affordable 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 "Townhouse" priced at $60 / sq.feet. "Townhouse" is the most expensive type of property with a $60 / sq.feet value followed by "House" with an average price of $1 / sq.feet.