Property prices for rent in Orwell (Ohio)
The rent prices in real estate in Orwell, 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 Orwell has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.66. In April this price barely changed remaining at $0.67 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.67 to $0.67 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $0.67 to $0.34 during July, and August.
When referring to the price in Orwell (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $451. In April This price remains at $442. In the following two months the average price has hardly changed with regard to the previous two months from $446.5 to $442. 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 $444.25 and $446 between July and August.
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 $450 they are 6 % more affordable than the average price for Orwell . The properties with the highest average price have 3 bedrooms, Their price is 187 % more expensive than the average. After that we have properties with 2 bedrooms priced at $499.
According to average price per property type in Orwell, "" priced at $1,287 is 186 % more expensive than the average price ($450) in this city.
