The average rent price in the Oklahoma 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 Oklahoma has risen considerably in the last 6 months. During April, the average price per sq.feet was $0.92. In May the price barely changed remaining at $0.95 per sq.feet. The following two months (June, July) went through a rise of 115 % in the rent price per sq.feet rising from $0.94 to $1.08 per sq.feet. In the last two months, the price per sq.feet has had a significant rise of 161 %. This has been obtained by comparing the price of $1 for the first four months of the sample with regard to the previous 4 months and the price of $1.62 per sq.feet for the last two months (August, September).
When referring to the price in Oklahoma(region), there have hardly been any changes in the last 6 months. In the first month sample April the average price is $1,014. In May the price remains at $1,044. In the following two months the average price practically remained the same compared to the previous two going from $1,029 to $1,063.5. During the last two months the average price has not gone through any changes and has gone from $1,046.25 to $1,019 during August and September.
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 10 % cheaper than the average price in Oklahoma followed by those with 2 with an average price of $1,041. The most expensive properties have 4 bedrooms. They are 59 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,237.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.84 / sq.feet being $2.24 / sq.feet the average for Oklahoma. The properties with the highest average price are those with 2 bedrooms. These are 289 % more expensive than the average followed by those with 1 bedroom with a price of $8.55 / sq.feet.
The graph displaying the average rent price according to the property type shows "" as the most affordable one. With an average cost of $1,029 it is 29 % cheaper than the average in Oklahoma. This is followed by "House" with a cost of $842. The most expensive property type is "Commercial" and is 204 % more costly than the average, followed by "Condo" with a cost of $1,345.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $0.92 / sq.feet, followed by "House" with a price of $3.4 / sq.feet. "Condo" with an average price of $50.24 / sq.feet is the most expensive type of property followed by "Commercial" at a price of $20.52 / sq.feet.