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 March, the average price per sq.feet was $3.38. The following month (April) the price had a considerable rise reaching $4.5 per sq.feet. The following two months (May, June) went through a considerable fall of 84 % 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 rise of 234 %. This has been obtained by comparing the price of $3.62 for the first four months of the sample with regard to the previous 4 months and the price of $8.46 per sq.feet for the last two months (July, August).
When referring to the price in Florida(region), this has fallen considerably in the last 6 months. March has an average price of $3,811. During Aprilthe price had a strong fall till $3,181. In the following two months the average price has fallen 84 % compared to the previous two. During the last two months the price has gone up 109 % compared to the previous average values going from $3,223 a $3,511.5 in July y August.
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 31 % cheaper than the average price in Florida followed by those with 2 with an average price of $3,151. The most expensive properties have 3 bedrooms. They are 7 % more expensive than the average followed by those properties with 4 bedrooms priced at $3,462.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.59 / sq.feet being $10.39 / sq.feet the average for Florida. The properties with the lowest average price are those with 1 bedroom. These are 76 % more affordable than the average followed by those with 2 bedrooms with a price of $2.4 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of $3,521 it is 16 % cheaper than the average in Florida. This is followed by "Condo" with a cost of $3,058. The most expensive property type is "Apartment" and is 58 % more costly than the average, followed by "Villa" with a cost of $4,359.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $1.57 / sq.feet, followed by "Villa" with a price of $2.32 / sq.feet. "Apartment" with an average price of $27.03 / sq.feet is the most expensive type of property followed by "House" at a price of $23.44 / sq.feet.