The average rent price in the Florida region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in Florida has risen considerably in the last 6 months. During February, the average price per sq.feet was $2.35. The following month (March) the price rose to $2.56 per sq.feet. The following two months (April, May) went through a rise of 110 % in the rent price per sq.feet rising from $2.45 to $2.7 per sq.feet. In the last two months, the price per sq.feet has had a significant rise of 125 %. This has been obtained by comparing the price of $2.58 for the first four months of the sample with regard to the previous 4 months and the price of $3.23 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. In the first month sample February the average price is $2,662. In March the price remains at $2,774. The price in the following months (April, May) had a strong rise of 116 % going from $2,718 to $3,159.5. During the last two months the average price has not gone through any changes and has gone from $2,938.75 to $2,837.5 during June and 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 12 % cheaper than the average price in Florida followed by those with 2 with an average price of $2,608. The most expensive properties have 4 bedrooms. They are 49 % more expensive than the average followed by those properties with 3 bedrooms priced at $3,612.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.73 / sq.feet being $3.76 / sq.feet the average for Florida. The properties with the lowest average price are those with 1 bedroom. These are 25 % more affordable than the average followed by those with 3 bedrooms with a price of $2.29 / sq.feet.
The graph displaying the average rent price according to the property type shows "Townhouse" as the most affordable one. With an average cost of $2,544 it is 36 % cheaper than the average in Florida. This is followed by "House" with a cost of $2,277. The most expensive property type is "Land" and is 179 % more costly than the average, followed by "Apartment" with a cost of $3,830.
Based upon the average cost per sq.feet the most affordable property type is "Townhouse with a an average price of $2.04 / sq.feet, followed by "House" with a price of $2.36 / sq.feet. "Land" with an average price of $35.02 / sq.feet is the most expensive type of property followed by "Apartment" at a price of $25.6 / sq.feet.