The rent prices in real estate in North Miami, in the Oklahoma 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 North Miami has risen strongly during the last 6 months. In October, the average price per sq.feet was $8.43. In the following month the price per sq.feet rose considerably to $14.01. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 127 % 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 $10.73 to $13.62 during February, and March.
When referring to the price in North Miami (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,716, rising in November till $2,962. In the following two months the average price has hardly changed with regard to the previous two months from $2,839 to $2,729. 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 $2,784 and $2,692.5 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 $2,736 they are 32 % more affordable than the average price for North Miami . The properties with the highest average price have 4 bedrooms, Their price is 250 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,080.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.42 / sq.feet, with an average $16.48 / sq.feet price in North Miami. The properties with the most affordable average prices have 4 bedrooms. They are 76 % more affordable than the average followed by properties with 1 bedroom with a price at $2.79 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,736 it is 21 % more affordable than the average price in North Miami. "Villa" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Townhouse". At a price of $3,219 it is 125 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Villa" at an average price of $2.4 / sq.feet followed by "Condo" priced at $2.85 / sq.feet. "Apartment" is the most expensive type of property with a $36.44 / sq.feet value followed by "House" with an average price of $25.79 / sq.feet.