The rent prices in real estate in Stuart, 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 Stuart has risen strongly during the last 6 months. In October, the average price per sq.feet was $8.9. In the following month the price per sq.feet rose to $10.12. In the following two months the price per sq.feet has risen 113 %, going from $9.51 to $10.77 per sq.feet. The price per sq.feet has risen 107 % 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 $10.14 to $10.86 during February, and March.
When referring to the price in Stuart (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,927. In November This price remains at $2,971. During the following two months (December, January) the price has had an average rise from $2,949 to $3,106.5. 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 $3,027.75 and $2,950 between February and March.
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 $2,804 they are 36 % more affordable than the average price for Stuart . The properties with the highest average price have 4 bedrooms, Their price is 155 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,117.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.01 / sq.feet, with an average $11.31 / sq.feet price in Stuart. The properties with the most affordable average prices have 4 bedrooms. They are 76 % more affordable than the average followed by properties with 1 bedroom with a price at $2.5 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,804 it is 20 % more affordable than the average price in Stuart. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Condo". At a price of $3,083 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2.06 / sq.feet followed by "Condo" priced at $2.63 / sq.feet. "Villa" is the most expensive type of property with a $24.8 / sq.feet value followed by "Townhouse" with an average price of $18.56 / sq.feet.