The rent prices in real estate in Willoughby, 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 Willoughby has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.63. In the following month the price per sq.feet fell considerably to $0.99. 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 rise of 884 % 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 $1.16 to $10.26 during February, and March.
When referring to the price in Willoughby (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $927. During November the price went through a considerable rise reaching $1,244. In the following two months the average price has hardly changed with regard to the previous two months from $1,085.5 to $1,098. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 168 % 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 $1,975 they are 54 % more affordable than the average price for Willoughby . The properties with the lowest average price have 3 bedrooms, Their price is 48 % more affordable than the average. After that we have properties with 2 bedrooms priced at $954.
According to average price per property type in Willoughby, "" priced at $901 is 54 % lower than the average price ($1,975) in this city.