The rent prices in real estate in New Smyrna Beach, in the Florida region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in New Smyrna Beach has barely changed in the last 6 months. In March, the average price per sq.feet was $2.51. In April this price barely changed remaining at $2.52 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.52 to $2.55 per sq.feet. The price per sq.feet has risen 106 % 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 $2.53 to $2.68 during July, and August.
When referring to the price in New Smyrna Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $3,218. In April This price remains at $3,305. In the following two months the average price has hardly changed with regard to the previous two months from $3,261.5 to $3,228. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $3,494 they are 53 % more affordable than the average price for New Smyrna Beach . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,707.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.02 / sq.feet, with an average $2.63 / sq.feet price in New Smyrna Beach. The properties with the most expensive average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $2.44 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,494 it is 58 % more affordable than the average price in New Smyrna Beach. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $3,541 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.86 / sq.feet followed by "House" priced at $2.46 / sq.feet. "Condo" is the most expensive type of property with a $3.03 / sq.feet value followed by "Apartment" with an average price of $3 / sq.feet.