The rent prices in real estate in Galion, 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 Galion has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $65.88. The price for the following two months in (December, January) had a considerable rise of 208 %. The price per sq.feet has had a considerable rise of 316 % 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 $51.49 to $162.5 during February, and March.
When referring to the price in Galion (cities), this has fallen in the last 6 months. The average price for October is $787. During November the price had a slight fall till $732. In the following two months the average price has hardly changed with regard to the previous two months from $759.5 to $731.5. 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 $745.5 and $724 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $794 they are 49 % more affordable than the average price for Galion . The properties with the highest average price have 3 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 2 bedrooms priced at $756.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 73 % more affordable than the average price of ($76 / sq.feet) in Galion. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 73 % more affordable than the average value aforementioned.
According to average price per property type in Galion, "" priced at $405 is 49 % lower than the average price ($794) in this city.