The average rent price in the Ohio region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.
The price per sq.feet in Ohio has risen considerably in the last 6 months. During March, the average price per sq.feet was $1.89. The following month (April) the price had a considerable rise reaching $2.6 per sq.feet. In the following two months (May, June) the rent price per sq.feet has increased notably to a 129 %. In the last two months, the price per sq.feet has risen 112 %. This has been obtained by comparing the price $2.57 for the first four months of the sample with regard to the previous 4 months and the price $2.88 per sq.feet for the last two months (July, August).
When referring to the price in Ohio (region), this has fallen in the last 6 months. In the first month sample March the average price is $1,026. In April the price remains at $1,022. The average price for the following two months (May, June) fell 92 % compared to the previous two. During the last two months the price has gone down 94 % compared to the previous average values going from $983.5 a $920.5 in July y August.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 15 % cheaper than the average price in Ohio followed by those with 2 with an average price of $929. The most expensive properties have 4 bedrooms. They are 63 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,077.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.78 / sq.feet being $0.96 / sq.feet the average for Ohio. The properties with the highest average price are those with 1 bedroom. These are 20 % more expensive than the average followed by those with 2 bedrooms with a price of $0.96 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $917 it is 7 % cheaper than the average in Ohio. This is followed by "Office" with a cost of $917. The most expensive property type is "Commercial" and is 19 % more costly than the average, followed by "Condo" with a cost of $1,074.
Based upon the average cost per sq.feet the most affordable property type is "Commercial with a an average price of $0.6 / sq.feet, followed by "Condo" with a price of $0.85 / sq.feet. "House" with an average price of $0.97 / sq.feet is the most expensive type of property followed by "Office" at a price of $0.86 / sq.feet.