The rent prices in real estate in Oklahoma City, in the Oklahoma 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 Oklahoma City has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet rose to $1.1. In the following two months the price per sq.feet has practically remained the same, going from $1.05 to $1.05 per sq.feet. The price per sq.feet has had a considerable rise of 232 % 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 $1.05 to $2.43 during August, and September.
When referring to the price in Oklahoma City (cities), this has risen in the last 6 months. The rent price in April is $944, rising in May till $1,000. During the following two months (June, July) the price has had an average rise from $972 to $1,043.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,007.75 and $980 between August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,029 they are 10 % more affordable than the average price for Oklahoma City . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,185.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.82 / sq.feet, with an average $3.92 / sq.feet price in Oklahoma City. The properties with the most expensive average prices have 2 bedrooms. They are 380 % more expensive than the average followed by properties with 1 bedroom with a price at $11.27 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,029 it is 44 % more affordable than the average price in Oklahoma City. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,041 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.93 / sq.feet followed by "House" priced at $6.97 / sq.feet. "Land" is the most expensive type of property with a $57.45 / sq.feet value followed by "House" with an average price of $6.97 / sq.feet.