CRESTVIEW — The Apartment List has released its March 2016 rent report. Data is based on the several hundred thousand monthly listings at comes from the listings at based on the listings at www.apartmentlist.com.
According to the report, rents in the Sunshine State are on par with national averages, although rent prices in Florida are increasing at a higher rate.
The median range for a two-bedroom rental in Crestview is $800, according to the site.
The report states that Florida one-bedroom rentals averaged $1,100 while two-bedroom rents cost $1,380.
Florida rents increased by 0.1 percent from January to February, and are up 4.6 percent over last year. This rate beats out the national rent growth over the past year by 1.4 percent.
Most Expensive Cities
Miami: Florida’s most populous metro was also its most expensive in February. A 2-bedroom in Miami goes for $2,020, while a 1-bedroom averages $1,750. Rents are up 3.3 percent year-to-year, and are growing more slowly than state averages.
St. Petersburg: Located on the western edge of the Florida peninsula, St. Petersburg had the 6th most expensive rents at $1,260 for a 2-bedroom. 1-bedrooms in St. Petersburg averaged $890.
Tampa: Just behind St. Petersburg, Tampa placed 7th for most expensive cities with an average 2-bedroom price of $1,170. Rents in Tampa have risen 8.7 percent over last year, the second most of any Florida city for the month of February.
See the full report: www.apartmentlist.com/fl/florida-rent-report-rentonomics/.
This article originally appeared on Crestview News Bulletin: Crestview apartment rents are below state average