The rent prices in real estate in Bay Village, in the Ohio region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Bay Village has barely changed in the last 6 months. In November, the average price per sq.feet was $1.66. In December this price barely changed remaining at $1.72 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.69 to $1.64 per sq.feet. The price per sq.feet has fallen 95 % 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 $1.66 to $1.58 during March, and April.
When referring to the price in Bay Village (cities), this has fallen considerably in the last 6 months. The average price for November is $3,625. During December the price had a slight fall till $3,442. During the following two months (January, February) the average price had a considerable fall of 69 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,978.75 to $2,332.5, which means a 78 % fall.
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 $2,355 they are 40 % more affordable than the average price for Bay Village . The properties with the highest average price have 4 bedrooms, Their price is 196 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,388.
With regard to the average prices per sq.feet those properties with 1 bedroom are 35 % more affordable than the average price of ($1 / sq.feet) in Bay Village. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 35 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,355 it is 15 % more affordable than the average price in Bay Village. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,998 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.