The rent prices in real estate in Bixby, in the Oklahoma 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 Bixby has had a strong fall during the last 6 months. In April, the average price per sq.feet was $5.82. In the following month the price per sq.feet fell to $5.33. The price for the following two months in (June, July) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $4.74 to $0.83 during August, and September.
When referring to the price in Bixby (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,300. In May This price remains at $1,350. During the following two months (June, July) the price has had an average rise from $1,325 to $1,460.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,392.75 to $1,220.5 in August and September.
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 $1,184 they are 40 % more affordable than the average price for Bixby . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,278.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.83 / sq.feet, with an average $0.84 / sq.feet price in Bixby. The properties with the most expensive average prices have 2 bedrooms. They are 19 % more expensive than the average followed by properties with 1 bedroom with a price at $0.95 / sq.feet.
According to average price per property type in Bixby, "" priced at $1,125 is 5 % lower than the average price ($1,184) in this city.