The rent prices in real estate in Westlake, in the Ohio region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Westlake has fallen during the last 6 months. In October, the average price per sq.feet was $1.79. In the following month the price per sq.feet fell to $1.67. In the following two months the price per sq.feet has practically remained the same, going from $1.73 to $1.73 per sq.feet. The price per sq.feet has fallen 90 % 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 $1.73 to $1.56 during February, and March.
When referring to the price in Westlake (cities), this has risen in the last 6 months. The rent price in October is $1,781, rising in November till $1,893. In the following two months the average price has hardly changed with regard to the previous two months from $1,837 to $1,877. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % 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 $2,243 they are 45 % more affordable than the average price for Westlake . The properties with the highest average price have 4 bedrooms, Their price is 65 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,975.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.12 / sq.feet, with an average $1.57 / sq.feet price in Westlake. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.65 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,243 it is 37 % more affordable than the average price in Westlake. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,476 it is 214 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.52 / sq.feet followed by "Apartment" priced at $1.61 / sq.feet. "Apartment" is the most expensive type of property with a $1.61 / sq.feet value followed by "House" with an average price of $1.52 / sq.feet.