The rent prices in real estate in Palmetto, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Palmetto has risen during the last 6 months. In March, the average price per sq.feet was $1.85. In April this price barely changed remaining at $1.76 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $1.8 to $2.04 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.92 to $1.96 during July y August
When referring to the price in Palmetto (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,005. In April This price remains at $1,989. During the following two months (May, June) the average price fell 92 % 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 increased 106 % 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 $1,934 they are 18 % more affordable than the average price for Palmetto . The properties with the lowest average price have 2 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,846.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.05 / sq.feet price in Palmetto. The properties with the most affordable average prices have 1 bedroom. They are 2 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $1,934 it is 12 % more affordable than the average price in Palmetto. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,992 it is 87 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Villa" priced at $2 / sq.feet. "Townhouse" is the most expensive type of property with a $5 / sq.feet value followed by "Villa" with an average price of $2 / sq.feet.