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.