Property prices for rent in Palmetto (Florida)
The rent prices in real estate in Palmetto, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Palmetto has fallen during the last 6 months. In October, the average price per sq.feet was $9.83. In the following month the price per sq.feet fell to $9.19. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 116 % 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 $8.91 to $10.34 during February, and March.
When referring to the price in Palmetto (cities), this has fallen considerably in the last 6 months. The average price for October is $4,749. During November the price had a considerable fall till $3,565. During the following two months (December, January) the average price fell 87 % 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 107 % 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 $4,005 they are 51 % more affordable than the average price for Palmetto . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,359.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.04 / sq.feet, with an average $12.19 / sq.feet price in Palmetto. The properties with the most affordable average prices have 1 bedroom. They are 76 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.17 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $4,005 it is 30 % more affordable than the average price in Palmetto. "Villa" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $3,342 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.12 / sq.feet followed by "House" priced at $2.32 / sq.feet. "Townhouse" is the most expensive type of property with a $21.51 / sq.feet value followed by "Villa" with an average price of $2.87 / sq.feet.
