The rent prices in real estate in Old Orchard Beach, in the Maine 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 Old Orchard Beach has had a strong fall during the last 6 months. In January, the average price per sq.feet was $2.37. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has practically remained the same, going from $1.18 to $1.24 per sq.feet. The price per sq.feet has had a considerable rise of 124 % 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 $1.21 to $1.5 during May, and June.
When referring to the price in Old Orchard Beach (cities), this has fallen considerably in the last 6 months. The average price for January is $4,243. During February the price had a considerable fall till $3,201. During the following two months (March, April) the average price had a considerable rise of 122 % 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 $4,130.75 to $2,200, which means a 53 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 36 % more affordable than the average price of $1,633 in Old Orchard Beach. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 36 % more affordable than the average aforementioned.
According to average price per property type in Old Orchard Beach, "" priced at $1,633 is 36 % lower than the average price ($2,550) in this city.