The average rent price in the Oklahoma region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Oklahoma has risen in the last 6 months. During January, the average price per sq.feet was $0.89. In February the price barely changed remaining at $0.88 per sq.feet. The following two months (March, April) went through a rise of 106 % in the rent price per sq.feet rising from $0.88 to $0.94 per sq.feet. In the last two months, the price per sq.feet has risen 110 %. This has been obtained by comparing the price $0.91 for the first four months of the sample with regard to the previous 4 months and the price $1 per sq.feet for the last two months (May, June).
When referring to the price in Oklahoma(region), there have hardly been any changes in the last 6 months. In the first month sample January the average price is $1,023. In February the price remains at $1,057. In the following two months the average price practically remained the same compared to the previous two going from $1,040 to $1,043. During the last two months the average price has not gone through any changes and has gone from $1,041.5 to $1,059.5 during May and June.
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 33 % cheaper than the average price in Oklahoma followed by those with 2 with an average price of $889. The most expensive properties have 4 bedrooms. They are 46 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,273.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.87 / sq.feet being $1.05 / sq.feet the average for Oklahoma. The properties with the highest average price are those with 1 bedroom. These are 5 % more expensive than the average followed by those with 2 bedrooms with a price of $0.97 / 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 $1,075 it is 23 % cheaper than the average in Oklahoma. This is followed by "Condo" with a cost of $1,115. The most expensive property type is "Commercial" and is 304 % more costly than the average, followed by "Villa" with a cost of $2,138.
Based upon the average cost per sq.feet the most affordable property type is "Duplex with a an average price of $0.47 / sq.feet, followed by "Land" with a price of $0.96 / sq.feet. "Commercial" with an average price of $19.75 / sq.feet is the most expensive type of property followed by "Villa" at a price of $11.3 / sq.feet.