The rent prices in real estate in Oakland Park, 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 Oakland Park has risen strongly during the last 6 months. In March, the average price per sq.feet was $15.14. In the following month the price per sq.feet fell to $14.32. The price for the following two months in (May, June) had a considerable rise of 145 %. The price per sq.feet has had a considerable rise of 142 % 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 $18.06 to $25.68 during July, and August.
When referring to the price in Oakland Park (cities), there have hardly been any changes in the last 6 months. The average price for March is $2,687. During April the price had a slight fall till $2,503. In the following two months the average price has hardly changed with regard to the previous two months from $2,595 to $2,676.5. 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 $2,635.75 and $2,705.5 between July and August.
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 $2,580 they are 34 % more affordable than the average price for Oakland Park . The properties with the highest average price have 4 bedrooms, Their price is 72 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,635.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.28 / sq.feet, with an average $25.87 / sq.feet price in Oakland Park. The properties with the most affordable average prices have 3 bedrooms. They are 90 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,580 it is 21 % more affordable than the average price in Oakland Park. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Villa". At a price of $2,208 it is 46 % 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 $2.25 / sq.feet followed by "Condo" priced at $2.3 / sq.feet. "Townhouse" is the most expensive type of property with a $31.24 / sq.feet value followed by "House" with an average price of $20.44 / sq.feet.