Property prices for rent in Lorain (Ohio)
The rent prices in real estate in Lorain, 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 Lorain has fallen during the last 6 months. In October, the average price per sq.feet was $1.11. In November this price barely changed remaining at $1.07 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.09 to $1.04 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.07 to $1.04 during February y March
When referring to the price in Lorain (cities), there have hardly been any changes in the last 6 months. The rent price in October is $901, rising in November till $957. During the following two months (December, January) the price has had an average rise from $929 to $985.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $957.25 to $899.5 in February and March.
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 $855 they are 14 % more affordable than the average price for Lorain . The properties with the highest average price have 4 bedrooms, Their price is 1956 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,091.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.05 / sq.feet, with an average $1.07 / sq.feet price in Lorain. The properties with the most expensive average prices have 4 bedrooms. They are 1021 % more expensive than the average followed by properties with 1 bedroom with a price at $1.06 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $855 it is 10 % more affordable than the average price in Lorain. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $805 it is 19 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
