The rent prices in real estate in Oak, in the Nebraska 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 Oak has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.58. The price for the following two months in (September, October) had a considerable rise of 211 %. The price per sq.feet has had a considerable rise of 134 % 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 $1.23 to $1.64 during November, and December.
When referring to the price in Oak (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $1,930. During the following two months (September, October) the average price had a considerable rise of 191 % 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 126 % during the last two months.
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 $1,539 they are 23 % more affordable than the average price for Oak . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,102.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.36 / sq.feet price in Oak. The properties with the most expensive average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most expensive one. At an cost of $1,539 it is 16 % more expensive than the average price in Oak. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Commercial". At a price of $1,786 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most expensive type of property with a $2 / sq.feet value followed by "Commercial" with an average price of $1 / sq.feet.