The rent prices in real estate in Amherst, 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 Amherst has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.8. In the following month the price per sq.feet rose to $0.9. The price for the following two months in (December, January) had a considerable fall of 45 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.62 to during February, and March.
When referring to the price in Amherst (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $678. During November the price went through a considerable rise reaching $957. During the following two months (December, January) the average price had a considerable rise of 156 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 133 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,059 they are 38 % more affordable than the average price for Amherst . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,056.
According to average price per property type in Amherst, "" priced at $1,564 is 48 % more expensive than the average price ($1,059) in this city.