The rent prices in real estate in Plantation, 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 Plantation has risen strongly during the last 6 months. In October, the average price per sq.feet was $7.31. In the following month the price per sq.feet rose considerably to $11.99. In the following two months the price per sq.feet has practically remained the same, going from $9.65 to $9.8 per sq.feet. The price per sq.feet has fallen 92 % 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 $9.72 to $8.94 during February, and March.
When referring to the price in Plantation (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,771. In November This price remains at $2,874. In the following two months the average price has hardly changed with regard to the previous two months from $2,822.5 to $2,724. 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 $2,773.25 and $2,683 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 $2,722 they are 31 % more affordable than the average price for Plantation . The properties with the highest average price have 4 bedrooms, Their price is 100 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,263.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.05 / sq.feet, with an average $10.96 / sq.feet price in Plantation. The properties with the most affordable average prices have 1 bedroom. They are 78 % more affordable than the average followed by properties with 4 bedrooms with a price at $2.33 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,722 it is 22 % more affordable than the average price in Plantation. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Townhouse". At a price of $2,781 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Villa" at an average price of $2.21 / sq.feet followed by "Condo" priced at $2.29 / sq.feet. "Land" is the most expensive type of property with a $24.41 / sq.feet value followed by "Townhouse" with an average price of $20.88 / sq.feet.