Property prices for rent in Vermilion (Ohio)
The rent prices in real estate in Vermilion, 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 Vermilion has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.89. In the following month the price per sq.feet fell considerably to $1.58. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $1.59 to $1.03 during February, and March.
When referring to the price in Vermilion (cities), this has fallen in the last 6 months. The average price for October is $1,922. During November the price had a considerable fall till $1,553. In the following two months the average price has hardly changed with regard to the previous two months from $1,737.5 to $1,776.5. 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 $1,757 and $1,716 between 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 $1,680 they are 59 % more affordable than the average price for Vermilion . The properties with the lowest average price have 2 bedrooms, Their price is 42 % more affordable than the average. After that we have properties with 3 bedrooms priced at $937.
According to average price per property type in Vermilion, "" priced at $937 is 44 % lower than the average price ($1,680) in this city.
