The rent prices in real estate in New Lebanon, 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 New Lebanon has had a strong fall during the last 6 months. In April, the average price per sq.feet was $9. In May this price barely changed remaining at $9 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $4.5 to $4 during August, and September.
When referring to the price in New Lebanon (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $696. In May This price remains at $696. During the following two months (June, July) the average price had a considerable fall of 33 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 34 % more affordable than the average price of $456 in New Lebanon. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $695 it is 34 % more affordable than the average price in New Lebanon. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $483 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2 / sq.feet followed by "House" priced at $3 / sq.feet. "House" is the most affordable type of property with a $3 / sq.feet value followed by "Townhouse" with an average price of $2 / sq.feet.