Property prices for rent in Sheffield Lake (Ohio)
The rent prices in real estate in Sheffield Lake, in the Ohio region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Sheffield Lake has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.17. In November this price barely changed remaining at $1.16 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 121 % 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 $1.29 to $1.57 during February, and March.
When referring to the price in Sheffield Lake (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,633. During November the price had a slight fall till $1,450. In the following two months the average price has hardly changed with regard to the previous two months from $1,541.5 to $1,500. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $1,846 they are 62 % more affordable than the average price for Sheffield Lake . The properties with the lowest average price have 3 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 2 bedrooms priced at $908.
According to average price per property type in Sheffield Lake, "" priced at $809 is 56 % lower than the average price ($1,846) in this city.
