Property prices for rent in Elk City (Oklahoma)

The rent prices in real estate in Elk City, 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.

$577.6
Average price last 6 months
$4.75
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elk City has had a strong fall during the last 6 months. In March, the average price per sq.feet was $6.08. In the following month the price per sq.feet rose considerably to $7.56. The price for the following two months in (May, June) had a considerable fall of 68 with regard to the previous two months. The price per sq.feet has had a considerable fall of 7 % 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 $5.74 to $0.4 during July, and August.

Average price

When referring to the price in Elk City (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $555. In April This price remains at $535. During the following two months (May, June) the average price had a considerable fall of 47 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 160 % during the last two months.

Average price per bedrooms

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 $633 they are 23 % more affordable than the average price for Elk City . The properties with the highest average price have 3 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 2 bedrooms priced at $650.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.71 / sq.feet, with an average $0.79 / sq.feet price in Elk City. The properties with the most affordable average prices have 1 bedroom. They are 0 % more affordable than the average followed by properties with 2 bedrooms with a price at $0.71 / sq.feet.

Price per property type

According to average price per property type in Elk City, "" priced at $647 is 2 % more expensive than the average price ($633) in this city.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Elk City
Number of properties used in region Oklahoma
$633
$0.79
100
31,224
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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