The rent prices in real estate in Omaha, in the Nebraska 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 Omaha has had a strong fall during the last 6 months. In June, the average price per sq.feet was $3.98. In the following month the price per sq.feet rose considerably to $5.85. The price for the following two months in (August, September) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable fall of 35 % 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 $3.02 to $1.06 during October, and November.
When referring to the price in Omaha (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,013. In July This price remains at $1,029. During the following two months (August, September) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $988.75 to $929 in October and November.
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 $884 they are 8 % more affordable than the average price for Omaha . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,221.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.73 / sq.feet, with an average $1.06 / sq.feet price in Omaha. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.95 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $884 it is 1 % more affordable than the average price in Omaha. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $875 it is 15 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.07 / sq.feet. "House" at an average price of $1.07 / sq.feet has the highest price and would be directed at more affluent cities.