The rent prices in real estate in Saint Augustine, 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 Saint Augustine has risen strongly during the last 6 months. In March, the average price per sq.feet was $0.93. In April this price barely changed remaining at $0.97 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 125 %. The price per sq.feet has had a considerable rise of 121 % 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 $1.07 to $1.29 during July, and August.
When referring to the price in Saint Augustine (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,818. In April This price remains at $1,788. In the following two months the average price has hardly changed with regard to the previous two months from $1,803 to $1,748.5. 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 $1,775.75 and $1,785.5 between July and August.
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 $1,719 they are 39 % more affordable than the average price for Saint Augustine . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,820.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.43 / sq.feet price in Saint Augustine. The properties with the most affordable average prices have 2 bedrooms. They are 6 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.22 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,719 it is 12 % more affordable than the average price in Saint Augustine. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $1,681 it is 16 % 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 $1.1 / sq.feet followed by "Condo" priced at $1.17 / sq.feet. "Land" is the most expensive type of property with a $11 / sq.feet value followed by "Condo" with an average price of $1.17 / sq.feet.