The average rent price in the Florida region has had a slight fall in recent months. There has been a fall in the rent prices in this region.
The price per sq.feet in Florida has fallen in the last 6 months. During February, the average price per sq.feet was $3.22. The following month (March) the price rose to $3.55 per sq.feet. The following two months (April, May) went through a fall of 88 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant fall of 76 %. This has been obtained by comparing the price of $3.19 for the first four months of the sample with regard to the previous 4 months and the price of $2.43 per sq.feet for the last two months (June, July).
When referring to the price in Florida(region), this has risen in the last 6 months. February has an average price of $2,094. During Marchthe price had a slight fall till $1,827. The price in the following months (April, May) had a strong rise of 121 % going from $1,960.5 to $2,379.5. During the last two months the price has gone up 115 % compared to the previous average values going from $2,170 a $2,487.5 in June y July.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 30 % cheaper than the average price in Florida followed by those with 2 with an average price of $2,758. The most expensive properties have 4 bedrooms. They are 74 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,681.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.9 / sq.feet being $2.53 / sq.feet the average for Florida. The properties with the lowest average price are those with 1 bedroom. These are 2 % more affordable than the average followed by those with 2 bedrooms with a price of $2.34 / sq.feet.
The graph displaying the average rent price according to the property type shows "Apartment" as the most affordable one. With an average cost of $2,602 it is 34 % cheaper than the average in Florida. This is followed by "House" with a cost of $1,850. The most expensive property type is "Land" and is 174 % more costly than the average, followed by "Condo" with a cost of $2,955.
Based upon the average cost per sq.feet the most affordable property type is "Apartment with a an average price of $1.72 / sq.feet, followed by "House" with a price of $2.05 / sq.feet. "Land" with an average price of $33.55 / sq.feet is the most expensive type of property followed by "Villa" at a price of $20.31 / sq.feet.