The rent prices in real estate in Polk City, 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 Polk City has risen strongly during the last 6 months. In May, the average price per sq.feet was $21. In the following month the price per sq.feet fell considerably to $0.71. The price for the following two months in (July, August) had a considerable rise of 792 %. The price per sq.feet has had a considerable fall of 2 % 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 $48.43 to $0.75 during September, and October.
When referring to the price in Polk City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $961. During June the price went through a considerable rise reaching $1,525. During the following two months (July, August) the average price had a considerable rise of 158 % 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 had a strong increase of 156 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 62 % more affordable than the average price of $960 in Polk City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 62 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2567 % more expensive than the average price of ($20 / sq.feet) in Polk City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2567 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $2,495 it is 62 % more affordable than the average price in Polk City. "House" is seen as the second most affordable property type. The most affordable property is "Ranch" followed by "House". At a price of $960 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Office" at an average price of $11 / sq.feet followed by "House" priced at $20 / sq.feet. "Ranch" is the most expensive type of property with a $78 / sq.feet value followed by "House" with an average price of $20 / sq.feet.