Property prices for rent in New Philadelphia (Ohio)
The rent prices in real estate in New Philadelphia, 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.
The price per sq.feet in New Philadelphia has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.33. In the following month the price per sq.feet fell considerably to $0.99. The price for the following two months in (December, January) had a considerable rise of 4818 %. The price per sq.feet has had a considerable fall of 2 % 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 $28.52 to $0.5 during February, and March.
When referring to the price in New Philadelphia (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $1,260. During November the price went through a considerable rise reaching $1,451. During the following two months (December, January) the price has had an average rise from $1,355.5 to $1,525.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,440.5 to $1,005, which means a 70 % fall.
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 $1,018 they are 24 % more affordable than the average price for New Philadelphia . The properties with the highest average price have 2 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,402.
According to average price per property type in New Philadelphia, "" priced at $777 is 24 % lower than the average price ($1,018) in this city.
