Property prices for rent in Panama City Beach (Florida)
The rent prices in real estate in Panama City Beach, in the Florida region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Panama City Beach has barely changed in the last 6 months. In December, the average price per sq.feet was $1.78. In January this price barely changed remaining at $1.75 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.76 to $1.77 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 $1.77 to $1.75 during April y May
When referring to the price in Panama City Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $2,240. In January This price remains at $2,177. During the following two months (February, March) the price has had an average rise from $2,208.5 to $2,352. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,280.25 and $2,287 between April and May.
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 $2,221 they are 30 % more affordable than the average price for Panama City Beach . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,596.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.62 / sq.feet, with an average $1.74 / sq.feet price in Panama City Beach. The properties with the most expensive average prices have 4 bedrooms. They are 129 % more expensive than the average followed by properties with 1 bedroom with a price at $2.05 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,221 it is 48 % more affordable than the average price in Panama City Beach. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Condo". At a price of $2,340 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "Condo" priced at $1.69 / sq.feet. "House" is the most expensive type of property with a $2.37 / sq.feet value followed by "Condo" with an average price of $1.69 / sq.feet.
