Property prices for rent in West Palm Beach (Florida)
The rent prices in real estate in West Palm Beach, in the Florida region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in West Palm Beach has barely changed in the last 6 months. In November, the average price per sq.feet was $10.66. In the following month the price per sq.feet fell considerably to $8.02. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable rise of 183 % 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 $8.56 to $15.65 during March, and April.
When referring to the price in West Palm Beach (cities), this has fallen considerably in the last 6 months. The average price for November is $4,298. During December the price had a considerable fall till $3,376. During the following two months (January, February) the average price had a considerable fall of 81 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $3,480.25 to $2,995 in 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 $3,069 they are 30 % more affordable than the average price for West Palm Beach . The properties with the highest average price have 4 bedrooms, Their price is 123 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,821.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.42 / sq.feet, with an average $14.67 / sq.feet price in West Palm Beach. The properties with the most affordable average prices have 4 bedrooms. They are 80 % more affordable than the average followed by properties with 1 bedroom with a price at $2.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,069 it is 19 % more affordable than the average price in West Palm Beach. "Condo" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of $2,927 it is 96 % 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 $2.65 / sq.feet followed by "Condo" priced at $2.74 / sq.feet. "Villa" is the most expensive type of property with a $36.64 / sq.feet value followed by "House" with an average price of $31.13 / sq.feet.
