The rent prices in real estate in Piedmont, in the Oklahoma 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 Piedmont has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.91. In December this price barely changed remaining at $0.91 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.91 to $0.94 per sq.feet. The price per sq.feet has had a considerable fall of 55 % 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 $0.93 to $0.51 during March, and April.
When referring to the price in Piedmont (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,404. In December This price remains at $1,359. During the following two months (January, February) the price has had an average rise from $1,381.5 to $1,453.5. 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 $1,417.5 and $1,431 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,461 they are 14 % more affordable than the average price for Piedmont . The properties with the lowest average price have 1 bedroom, Their price is 5 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,253.
According to average price per property type in Piedmont, "" priced at $1,253 is 14 % lower than the average price ($1,461) in this city.