The rent prices in real estate in Cleveland, 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 Cleveland has risen strongly during the last 6 months. In May, the average price per sq.feet was $1.02. In the following month the price per sq.feet rose considerably to $1.19. In the following two months the price per sq.feet has risen 108 %, going from $1.11 to $1.2 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.15 to $1.16 during September y October
When referring to the price in Cleveland (cities), there have hardly been any changes in the last 6 months. The rent price in May is $1,011, rising in June till $1,093. In the following two months the average price has hardly changed with regard to the previous two months from $1,052 to $1,061.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,056.75 and $1,015 between September and October.
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 $989 they are 14 % more affordable than the average price for Cleveland . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,087.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.77 / sq.feet, with an average $1.14 / sq.feet price in Cleveland. The properties with the most expensive average prices have 1 bedroom. They are 210 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.02 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $989 it is 6 % more affordable than the average price in Cleveland. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,133 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.91 / sq.feet followed by "House" priced at $5.44 / sq.feet. "House" is the most expensive type of property with a $5.44 / sq.feet value followed by "Condo" with an average price of $0.91 / sq.feet.