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 December, the average price per sq.feet was $0.84. In January this price barely changed remaining at $0.82 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 139 %. The price per sq.feet has had a considerable rise of 148 % 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 $0.99 to $1.47 during April, and May.
When referring to the price in Okeechobee (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,376. In January This price remains at $1,439. During the following two months (February, March) the average price had a considerable fall of 81 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % 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 $1,656 they are 46 % more affordable than the average price for Okeechobee . The properties with the lowest average price have 4 bedrooms, Their price is 37 % more affordable than the average. After that we have properties with 1 bedroom priced at $902.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 900 % more expensive than the average price of ($17 / sq.feet) in Okeechobee. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 900 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,656 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 "". At a price of $994 it is 37 % 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 $16 / sq.feet followed by "House" priced at $17 / sq.feet. "Condo" is the most expensive type of property with a $21 / sq.feet value followed by "House" with an average price of $17 / sq.feet.