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 October, the average price per sq.feet was $5.82. The following month (November) the price had a considerable rise reaching $9.79 per sq.feet. The following two months (December, January) 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 risen 107 %. This has been obtained by comparing the price $7.19 for the first four months of the sample with regard to the previous 4 months and the price $7.67 per sq.feet for the last two months (February, March).
When referring to the price in Florida(region), there have hardly been any changes in the last 6 months. In the first month sample for October the average price is $3,288. During November it went through a strong rise reaching $3,890 The average price for the following two months (December, January) fell 92 % compared to the previous two. During the last two months the price has gone down 91 % compared to the previous average values going from $3,444.5 a $3,120.5 in February y March.
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 $2,756. The most expensive properties have 3 bedrooms. They are 6 % more expensive than the average followed by those properties with 4 bedrooms priced at $3,158.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $1.52 / sq.feet being $10.3 / sq.feet the average for Florida. The properties with the lowest average price are those with 1 bedroom. These are 71 % more affordable than the average followed by those with 2 bedrooms with a price of $2.41 / 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 $3,035 it is 11 % cheaper than the average in Florida. This is followed by "House" with a cost of $3,167. The most expensive property type is "Apartment" and is 99 % more costly than the average, followed by "Townhouse" with a cost of $3,385.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $2.67 / sq.feet, followed by "Condo" with a price of $2.89 / sq.feet. "Apartment" with an average price of $33.46 / sq.feet is the most expensive type of property followed by "House" at a price of $25.12 / sq.feet.