The rent prices in real estate in Ponca City, in the Oklahoma region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Ponca City has risen during the last 6 months. In January, the average price per sq.feet was $0.58. In the following month the price per sq.feet fell to $0.51. The price for the following two months in (March, April) had a considerable rise of 142 %. The price per sq.feet has had a considerable fall of 76 % 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 $0.66 to $0.5 during May, and June.
When referring to the price in Ponca City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $517. During February the price went through a considerable rise reaching $609. During the following two months (March, April) the average price had a considerable rise of 116 % with regard to the previous two months. 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 $608.5 and $583.5 between May and June.
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 $605 they are 45 % more affordable than the average price for Ponca City . The properties with the lowest average price have 3 bedrooms, Their price is 20 % more affordable than the average. After that we have properties with 2 bedrooms priced at $408.
According to average price per property type in Ponca City, "" priced at $484 is 20 % lower than the average price ($605) in this city.