The rent prices in real estate in Cortland, in the Ohio region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Cortland has fallen during the last 6 months. In June, the average price per sq.feet was $1.08. In July this price barely changed remaining at $1.11 per sq.feet. The price for the following two months in (August, September) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $1.06 to $0.94 during October, and November.
When referring to the price in Cortland (cities), there have hardly been any changes in the last 6 months. The rent price in June is $961, rising in July till $1,099. During the following two months (August, September) the average price fell 92 % 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 $991 to $826.5, which means a 83 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $797 they are 12 % more affordable than the average price for Cortland . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 1 bedroom priced at $725.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.93 / sq.feet, with an average $0.94 / sq.feet price in Cortland. The properties with the most expensive average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 1 bedroom with a price at $0.93 / sq.feet.
According to average price per property type in Cortland, "" priced at $702 is 12 % lower than the average price ($797) in this city.