The rent prices in real estate in Sanford, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sanford has risen during the last 6 months. In November, the average price per sq.feet was $1.23. In December this price barely changed remaining at $1.22 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.23 to $1.28 per sq.feet. The price per sq.feet has risen 111 % 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 $1.25 to $1.39 during March, and April.
When referring to the price in Sanford (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,365. In December This price remains at $1,365. In the following two months the average price has hardly changed with regard to the previous two months from $1,365 to $1,388.5. 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 $1,376.75 and $1,432.5 between March and April.
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 $1,413 they are 10 % more affordable than the average price for Sanford . The properties with the highest average price have 4 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,713.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.47 / sq.feet price in Sanford. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.42 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,413 it is 0 % more expensive than the average price in Sanford. "House" is seen as the second most expensive property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,517 it is 20 % 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 $1.18 / sq.feet followed by "Condo" priced at $1.4 / sq.feet. "House" is the most expensive type of property with a $1.59 / sq.feet value followed by "Condo" with an average price of $1.4 / sq.feet.