The rent prices in real estate in Mount Gilead, 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 Mount Gilead has had a strong fall during the last 6 months. In November, the average price per sq.feet was $84. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 395 % 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 $21 to $83 during March, and April.
When referring to the price in Mount Gilead (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,425. In December This price remains at $1,412. In the following two months the average price has hardly changed with regard to the previous two months from $1,418.5 to $1,412. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,415.25 and $1,423 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,423 they are 8 % more affordable than the average price for Mount Gilead . The properties with the lowest average price have 1 bedroom, Their price is 7 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,314.
According to average price per property type in Mount Gilead, "" priced at $1,310 is 8 % lower than the average price ($1,423) in this city.