The rent prices in real estate in Othello, in the Washington 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 Othello has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.29. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has fallen 87 % 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 $0.57 to $0.5 during March, and April.
When referring to the price in Othello (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during November, is $1,373. During December the price went through a considerable rise reaching $1,828. During the following two months (January, February) the average price fell 87 % 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 $1,497.25 to $1,062, which means a 71 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 48 % more affordable than the average price of $718 in Othello. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
According to average price per property type in Othello, "" priced at $718 is 48 % lower than the average price ($1,371) in this city.