The rent prices in real estate in South Charleston, in the Ohio 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 South Charleston has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.12. In the following month the price per sq.feet fell to $1.03. In the following two months the price per sq.feet has practically remained the same, going from $1.08 to $1.08 per sq.feet. The price per sq.feet has had a considerable fall of 47 % 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 $1.08 to $0.5 during February, and March.
When referring to the price in South Charleston (cities), this has fallen considerably in the last 6 months. The average price for October is $1,390. During November the price had a slight fall till $1,235. During the following two months (December, January) the average price had a considerable fall of 81 % 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 $1,185.5 to $1,086.5 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 $1,121 they are 30 % more affordable than the average price for South Charleston . The properties with the lowest average price have 3 bedrooms, Their price is 16 % more affordable than the average. After that we have properties with 2 bedrooms priced at $894.
According to average price per property type in South Charleston, "" priced at $941 is 16 % lower than the average price ($1,121) in this city.