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 October, the average price per sq.feet was $8.38. In the following month the price per sq.feet rose considerably to $11.71. In the following two months the price per sq.feet has practically remained the same, going from $10.05 to $10.36 per sq.feet. The price per sq.feet has had a considerable rise of 125 % 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 $10.2 to $12.76 during February, and March.
When referring to the price in Oakland Park (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,591, rising in November till $2,804. In the following two months the average price has hardly changed with regard to the previous two months from $2,697.5 to $2,673.5. 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 $2,685.5 and $2,621 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 $2,687 they are 35 % more affordable than the average price for Oakland Park . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,867.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.34 / sq.feet, with an average $15.14 / sq.feet price in Oakland Park. The properties with the most affordable average prices have 1 bedroom. They are 82 % more affordable than the average followed by properties with 3 bedrooms with a price at $2.65 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,687 it is 25 % more affordable than the average price in Oakland Park. "Villa" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $2,308 it is 26 % 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 $2.44 / sq.feet followed by "Condo" priced at $2.46 / sq.feet. "Townhouse" is the most expensive type of property with a $23.94 / sq.feet value followed by "House" with an average price of $19.53 / sq.feet.