The rent prices in real estate in Defiance, 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 Defiance has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.15. In the following two months the price per sq.feet has risen 109 %, going from $1.08 to $1.17 per sq.feet. The price per sq.feet has risen 105 % 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 $1.12 to $1.18 during February, and March.
When referring to the price in Defiance (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,060. In November This price remains at $1,015. In the following two months the average price has hardly changed with regard to the previous two months from $1,037.5 to $1,028. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,032.75 to $883.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $841 they are 35 % more affordable than the average price for Defiance . The properties with the highest average price have 1 bedroom, Their price is 4 % more expensive than the average. After that we have properties with 2 bedrooms priced at $544.
According to average price per property type in Defiance, "" priced at $544 is 35 % lower than the average price ($841) in this city.