Property prices for rent in Northwood (Ohio)
The rent prices in real estate in Northwood, 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 Northwood has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.02. In December this price barely changed remaining at $1.06 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable fall of 64 % 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 $0.78 to $0.5 during March, and April.
When referring to the price in Northwood (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $762. In December This price remains at $755. During the following two months (January, February) the average price had a considerable rise of 118 % 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 151 % during the last two months.
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 $769 they are 22 % more affordable than the average price for Northwood . The properties with the lowest average price have 1 bedroom, Their price is 21 % more affordable than the average. After that we have properties with 4 bedrooms priced at $603.
According to average price per property type in Northwood, "" priced at $603 is 22 % lower than the average price ($769) in this city.
