Property prices for rent in Medina (Ohio)

The rent prices in real estate in Medina, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Medina has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.07. In the following month the price per sq.feet rose to $1.13. In the following two months the price per sq.feet has risen 110 %, going from $1.1 to $1.21 per sq.feet. The price per sq.feet has had a considerable rise of 124 % 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 $1.15 to $1.42 during January, and February.

Average price

When referring to the price in Medina (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,127. During October the price went through a considerable rise reaching $1,427. During the following two months (November, December) the price has had an average rise from $1,277 to $1,466. 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.

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 $1,746 they are 29 % more affordable than the average price for Medina . The properties with the highest average price have 4 bedrooms, Their price is 100 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,781.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.44 / sq.feet price in Medina. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.46 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,746 it is 48 % more affordable than the average price in Medina. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,722 it is 31 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $1.35 / sq.feet. "Apartment" is the most expensive type of property with a $1.45 / sq.feet value followed by "House" with an average price of $1.35 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Medina
Number of properties used in region Ohio
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value