Property prices for rent in Parkland (Florida)
The rent prices in real estate in Parkland, 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 Parkland has had a strong fall during the last 6 months. In July, the average price per sq.feet was $2.5. In the following month the price per sq.feet fell considerably to $1.68. The price for the following two months in (September, October) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $1.84 to $1.65 during November, and December.
When referring to the price in Parkland (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $2,675. In August This price remains at $2,598. During the following two months (September, October) the price has had an average rise from $2,636.5 to $2,801. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $3,243 they are 54 % more affordable than the average price for Parkland . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,946.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.51 / sq.feet, with an average $1.63 / sq.feet price in Parkland. The properties with the most expensive average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.71 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $3,243 it is 33 % more expensive than the average price in Parkland. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $4,578 it is 68 % 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 $1.29 / sq.feet followed by "Apartment" priced at $1.57 / sq.feet. "Condo" is the most expensive type of property with a $1.87 / sq.feet value followed by "Apartment" with an average price of $1.57 / sq.feet.
