Property prices for rent in Palmetto (Florida)
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 September, the average price per sq.feet was $1.6. In October this price barely changed remaining at $1.52 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from $1.56 to $1.7 per sq.feet. The price per sq.feet has risen 111 % 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 $1.63 to $1.8 during January, and February.
When referring to the price in Palmetto (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $2,051. In October This price remains at $2,119. During the following two months (November, December) the average price had a considerable rise of 121 % 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 119 % 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 $2,392 they are 34 % more affordable than the average price for Palmetto . The properties with the highest average price have 4 bedrooms, Their price is 118 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,212.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.47 / sq.feet, with an average $1.77 / sq.feet price in Palmetto. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.73 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,392 it is 37 % more affordable than the average price in Palmetto. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,470 it is 50 % 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 $1.63 / sq.feet followed by "Condo" priced at $1.99 / sq.feet. "Villa" is the most expensive type of property with a $2.35 / sq.feet value followed by "Condo" with an average price of $1.99 / sq.feet.
