The rent prices in real estate in Tampa, 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 Tampa has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.94. In the following month the price per sq.feet rose considerably to $2.55. The price for the following two months in (May, June) had a considerable rise of 133 %. The price per sq.feet has had a considerable fall of 75 % 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 $2.62 to $1.97 during July, and August.
When referring to the price in Tampa (cities), there have hardly been any changes in the last 6 months. The average price for March is $1,663. During April the price had a slight fall till $1,569. During the following two months (May, June) the price has had an average rise from $1,616 to $1,734.5. 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 $1,675.25 and $1,616 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 $1,486 they are 19 % more affordable than the average price for Tampa . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,678.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.94 / sq.feet, with an average $1.57 / sq.feet price in Tampa. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.31 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,486 it is 19 % more affordable than the average price in Tampa. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Condo". At a price of $1,777 it is 139 % 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 $1.48 / sq.feet followed by "Condo" priced at $1.57 / sq.feet. "Office" is the most expensive type of property with a $119 / sq.feet value followed by "Townhouse" with an average price of $18.12 / sq.feet.