The rent prices in real estate in Okeechobee, 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 Okeechobee has risen strongly during the last 6 months. In April, the average price per sq.feet was $0.8. In the following month the price per sq.feet rose considerably to $1. In the following two months the price per sq.feet has risen 106 %, going from $0.9 to $0.95 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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 $0.93 to $1.07 during August, and September.
When referring to the price in Okeechobee (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,419. During May the price had a slight fall till $1,312. In the following two months the average price has hardly changed with regard to the previous two months from $1,365.5 to $1,351.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,641 they are 45 % more affordable than the average price for Okeechobee . The properties with the lowest average price have 4 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 1 bedroom priced at $905.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.14 / sq.feet price in Okeechobee. The properties with the most expensive average prices have 4 bedrooms. They are 1654 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,641 it is 50 % more affordable than the average price in Okeechobee. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $894 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $19 / sq.feet followed by "House" priced at $20 / sq.feet. "Condo" is the most expensive type of property with a $24 / sq.feet value followed by "House" with an average price of $20 / sq.feet.