Property prices for rent in Midwest City (Oklahoma)
The rent prices in real estate in Midwest City, in the Oklahoma region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Midwest City has risen during the last 6 months. In August, the average price per sq.feet was $0.81. In September this price barely changed remaining at $0.84 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.82 to $0.86 per sq.feet. The price per sq.feet has risen 105 % 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 $0.84 to $0.88 during December, and January.
When referring to the price in Midwest City (cities), this has risen in the last 6 months. In our first sample month during August, the average price is $827. In September This price remains at $850. During the following two months (October, November) the price has had an average rise from $838.5 to $903. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $937 they are 34 % more affordable than the average price for Midwest City . The properties with the highest average price have 3 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,030.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.8 / sq.feet, with an average $0.88 / sq.feet price in Midwest City. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $937 it is 24 % more affordable than the average price in Midwest City. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $710 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $0.82 / sq.feet followed by "House" priced at $0.89 / sq.feet. "House" is the most expensive type of property with a $0.89 / sq.feet value followed by "Apartment" with an average price of $0.82 / sq.feet.
