The rent prices in real estate in Sand Springs, 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 Sand Springs has had a strong fall during the last 6 months. In February, the average price per sq.feet was $0.97. In March this price barely changed remaining at $0.95 per sq.feet. The price for the following two months in (April, May) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $0.71 to $0.5 during June, and July.
When referring to the price in Sand Springs (cities), this has risen considerably in the last 6 months. The rent price in February is $730, rising in March till $799. During the following two months (April, May) the average price had a considerable rise of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
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 $886 they are 30 % more affordable than the average price for Sand Springs . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $744.
According to average price per property type in Sand Springs, "" priced at $714 is 19 % lower than the average price ($886) in this city.