Property prices for rent in Olmsted Falls (Ohio)
The rent prices in real estate in Olmsted Falls, 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 Olmsted Falls has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.9. In November this price barely changed remaining at $1.93 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $1.44 to $1.24 during February, and March.
When referring to the price in Olmsted Falls (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,972. In November This price remains at $1,875. In the following two months the average price has hardly changed with regard to the previous two months from $1,923.5 to $2,011.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,948 they are 65 % more affordable than the average price for Olmsted Falls . The properties with the lowest average price have 2 bedrooms, Their price is 29 % more affordable than the average. After that we have properties with 4 bedrooms priced at $922.
According to average price per property type in Olmsted Falls, "" priced at $922 is 53 % lower than the average price ($1,948) in this city.
