The rent prices in real estate in Lewis Center, in the Ohio region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lewis Center has had a strong fall during the last 6 months. In March, the average price per sq.feet was $49.79. In the following month the price per sq.feet fell considerably to $37.96. The price for the following two months in (May, June) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has risen 106 % 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 $22.5 to $23.92 during July, and August.
When referring to the price in Lewis Center (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,609. During April the price went through a considerable rise reaching $1,871. In the following two months the average price has hardly changed with regard to the previous two months from $1,740 to $1,738.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 122 % during the last two months.
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 $1,982 they are 18 % more affordable than the average price for Lewis Center . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,198.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.12 / sq.feet, with an average $46.52 / sq.feet price in Lewis Center. The properties with the most expensive average prices have 2 bedrooms. They are 109 % more expensive than the average followed by properties with 1 bedroom with a price at $74.82 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,982 it is 9 % more affordable than the average price in Lewis Center. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,340 it is 19 % 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 $1.1 / sq.feet followed by "Apartment" priced at $2.25 / sq.feet. "Condo" is the most expensive type of property with a $73.43 / sq.feet value followed by "Apartment" with an average price of $2.25 / sq.feet.