The rent prices in real estate in Orange City, in the Florida region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Orange City has had a strong fall during the last 6 months. In July, the average price per sq.feet was $3.38. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (September, October) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable fall of 60 % 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 $1.5 to $0.9 during November, and December.
When referring to the price in Orange City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is $898. During August the price went through a considerable rise reaching $1,137. During the following two months (September, October) the average price had a considerable rise of 115 % 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 117 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of $1,257 in Orange City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1624 % more expensive than the average price of ($15 / sq.feet) in Orange City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1624 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,273 it is 1 % more affordable than the average price in Orange City. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,263 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $5 / sq.feet followed by "House" priced at $15 / sq.feet. "House" is the most expensive type of property with a $15 / sq.feet value followed by "Condo" with an average price of $5 / sq.feet.