The rent prices in real estate in Pembroke Pines, in the Florida region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Pembroke Pines has risen strongly during the last 6 months. In October, the average price per sq.feet was $4.48. In the following month the price per sq.feet rose considerably to $9.73. In the following two months the price per sq.feet has risen 108 %, going from $7.11 to $7.66 per sq.feet. The price per sq.feet has had a considerable rise of 131 % 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 $7.38 to $9.66 during February, and March.
When referring to the price in Pembroke Pines (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,720, rising in November till $2,927. In the following two months the average price has hardly changed with regard to the previous two months from $2,823.5 to $2,750.5. 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 $2,787 and $2,850 between February and March.
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 $2,884 they are 32 % more affordable than the average price for Pembroke Pines . The properties with the highest average price have 4 bedrooms, Their price is 65 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,344.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.13 / sq.feet, with an average $12.81 / sq.feet price in Pembroke Pines. The properties with the most affordable average prices have 1 bedroom. They are 81 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.22 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,884 it is 27 % more affordable than the average price in Pembroke Pines. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Villa". At a price of $2,585 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.16 / sq.feet followed by "Villa" priced at $2.36 / sq.feet. "Townhouse" is the most expensive type of property with a $23.89 / sq.feet value followed by "House" with an average price of $17.16 / sq.feet.