The rent prices in real estate in Columbus, in the Ohio region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Columbus has risen during the last 6 months. In July, the average price per sq.feet was $1.35. In the following month the price per sq.feet fell to $1.28. The price for the following two months in (September, October) had a considerable rise of 123 %. The price per sq.feet has fallen 89 % 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 $1.47 to $1.3 during November, and December.
When referring to the price in Columbus (cities), this has risen considerably in the last 6 months. In our first sample month during July, the average price is $1,113. In August This price remains at $1,133. During the following two months (September, October) the average price had a considerable rise of 135 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,317.75 to $1,190 in November and December.
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 $1,175 they are 23 % more affordable than the average price for Columbus . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,431.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.15 / sq.feet, with an average $1.24 / sq.feet price in Columbus. The properties with the most expensive average prices have 1 bedroom. They are 209 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.33 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,175 it is 30 % more affordable than the average price in Columbus. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,390 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.17 / sq.feet followed by "Apartment" priced at $1.35 / sq.feet. "Condo" is the most expensive type of property with a $11.65 / sq.feet value followed by "Apartment" with an average price of $1.35 / sq.feet.