The rent prices in real estate in Wickliffe, 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 Wickliffe has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.25. In November this price barely changed remaining at $1.28 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 54 % 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 $1.12 to $0.61 during February, and March.
When referring to the price in Wickliffe (cities), this has risen in the last 6 months. The rent price in October is $1,333, rising in November till $1,432. In the following two months the average price has hardly changed with regard to the previous two months from $1,382.5 to $1,340.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,738 they are 56 % more affordable than the average price for Wickliffe . The properties with the lowest average price have 2 bedrooms, Their price is 51 % more affordable than the average. After that we have properties with 1 bedroom priced at $786.
According to average price per property type in Wickliffe, "" priced at $764 is 56 % lower than the average price ($1,738) in this city.