Property prices for rent in Ponca City (Oklahoma)
The rent prices in real estate in Ponca City, 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 Ponca City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.97. In the following month the price per sq.feet fell to $0.89. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $0.85 to $0.77 during February, and March.
When referring to the price in Ponca City (cities), this has fallen considerably in the last 6 months. The average price for October is $1,109. During November the price had a slight fall till $1,029. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $983.25 to $903.5 in February and March.
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 $896 they are 20 % more affordable than the average price for Ponca City . The properties with the highest average price have 4 bedrooms, Their price is 167 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,133.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.8 / sq.feet, with an average $0.84 / sq.feet price in Ponca City. The properties with the most expensive average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $0.8 / sq.feet.
According to average price per property type in Ponca City, "" priced at $973 is 9 % more expensive than the average price ($896) in this city.
