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.