The rent prices in real estate in Athens, in the Ohio region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Athens has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.03. In the following month the price per sq.feet fell considerably to $0.78. In the following two months the price per sq.feet has practically remained the same, going from $0.9 to $0.92 per sq.feet. The price per sq.feet has fallen 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $0.91 to $0.86 during February, and March.
When referring to the price in Athens (cities), this has fallen in the last 6 months. The average price for October is $916. During November the price had a slight fall till $783. In the following two months the average price has hardly changed with regard to the previous two months from $849.5 to $856. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $852.75 to $789.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $768 they are 20 % more affordable than the average price for Athens . The properties with the highest average price have 4 bedrooms, Their price is 1259 % more expensive than the average. After that we have properties with 2 bedrooms priced at $959.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.63 / sq.feet, with an average $0.85 / sq.feet price in Athens. The properties with the most expensive average prices have 4 bedrooms. They are 899 % more expensive than the average followed by properties with 1 bedroom with a price at $0.93 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $768 it is 20 % more affordable than the average price in Athens. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $679 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $0.66 / sq.feet followed by "House" priced at $1.25 / sq.feet. "House" is the most expensive type of property with a $1.25 / sq.feet value followed by "Land" with an average price of $0.66 / sq.feet.