The rent prices in real estate in O Fallon, in the Missouri 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 O Fallon has risen strongly during the last 6 months. In July, the average price per sq.feet was $3.91. In the following month the price per sq.feet fell considerably to $3.29. The price for the following two months in (September, October) had a considerable rise of 139 %. The price per sq.feet has had a considerable rise of 270 % 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 $4.3 to $11.6 during November, and December.
When referring to the price in O Fallon (cities), this has fallen considerably in the last 6 months. The average price for July is $4,108. During August the price had a considerable fall till $2,924. During the following two months (September, October) the average price had a considerable fall of 43 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,510.25 to $1,340, which means a 53 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,312 they are 11 % more affordable than the average price for O Fallon . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,534.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.9 / sq.feet, with an average $4.8 / sq.feet price in O Fallon. The properties with the most expensive average prices have 1 bedroom. They are 510 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.15 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,312 it is 20 % more affordable than the average price in O Fallon. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,259 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.95 / sq.feet followed by "Condo" priced at $1.08 / sq.feet. "Apartment" is the most expensive type of property with a $15.38 / sq.feet value followed by "Condo" with an average price of $1.08 / sq.feet.