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 July, the average price per sq.feet was $1.16. In the following month the price per sq.feet rose considerably to $1.43. In the following two months the price per sq.feet has risen 114 %, going from $1.29 to $1.48 per sq.feet. The price per sq.feet has had a considerable rise of 116 % 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 $1.38 to $1.6 during November, and December.
When referring to the price in Saint Augustine (cities), there have hardly been any changes in the last 6 months. The average price for July is $1,852. During August the price had a slight fall till $1,719. In the following two months the average price has hardly changed with regard to the previous two months from $1,785.5 to $1,808. 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 $1,796.75 and $1,742.5 between November and December.
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 $1,711 they are 9 % more affordable than the average price for Saint Augustine . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,962.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $1.61 / sq.feet price in Saint Augustine. The properties with the most expensive average prices have 1 bedroom. They are 683 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.56 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,711 it is 9 % more affordable than the average price in Saint Augustine. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $1,751 it is 14 % 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 $1.16 / sq.feet followed by "Townhouse" priced at $1.5 / sq.feet. "House" is the most expensive type of property with a $44.33 / sq.feet value followed by "Land" with an average price of $7 / sq.feet.