The rent prices in real estate in Bay Village, in the Ohio region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bay Village has risen strongly during the last 6 months. In May, the average price per sq.feet was $16. In the following month the price per sq.feet rose considerably to $20. The price for the following two months in (July, August) had a considerable rise of 239 %. The price per sq.feet has had a considerable fall of 49 % 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 $30.5 to $15 during September, and October.
When referring to the price in Bay Village (cities), this has fallen in the last 6 months. The average price for May is $1,582. During June the price had a slight fall till $1,466. During the following two months (July, August) the average price fell 89 % 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 increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $1,331 in Bay Village. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 107 % more expensive than the average price of ($31 / sq.feet) in Bay Village. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 107 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,580 it is 16 % 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 "Commercial". At a price of $1,321 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $26 / sq.feet followed by "House" priced at $31 / sq.feet. "House" is the most expensive type of property with a $31 / sq.feet value followed by "Commercial" with an average price of $26 / sq.feet.