The rent prices in real estate in Riviera Beach, 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 Riviera Beach has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose considerably to $3.67. The price for the following two months in (July, August) had a considerable rise of 225 %. 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 $4.24 to $4.15 during September y October
When referring to the price in Riviera Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,354. During June the price went through a considerable rise reaching $1,566. During the following two months (July, August) the average price had a considerable rise of 134 % 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 174 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,233 they are 34 % more affordable than the average price for Riviera Beach . The properties with the highest average price have 2 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,465.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.85 / sq.feet, with an average $3.5 / sq.feet price in Riviera Beach. The properties with the most expensive average prices have 4 bedrooms. They are 384 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.68 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,233 it is 61 % more affordable than the average price in Riviera Beach. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Villa". At a price of $2,092 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1.24 / sq.feet followed by "House" priced at $3.17 / sq.feet. "Villa" is the most expensive type of property with a $10.52 / sq.feet value followed by "Condo" with an average price of $4.88 / sq.feet.