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 February, the average price per sq.feet was $0.99. The following month (March) the price had a considerable rise reaching $2.91 per sq.feet. In the following two months (April, May) the rent price per sq.feet has increased notably to a 169 %. In the last two months, the price per sq.feet has had a significant rise of 136 %. This has been obtained by comparing the price of $2.62 for the first four months of the sample with regard to the previous 4 months and the price of $3.57 per sq.feet for the last two months (June, July).
When referring to the price in Oklahoma(region), this has risen in the last 6 months. In the first month sample February the average price is $909. In March the price remains at $912. The average price for the following two months (April, May) rose from $910.5 to $962.5. During the last two months the price has gone up 108 % compared to the previous average values going from $936.5 a $1,013.5 in June y July.
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 29 % cheaper than the average price in Oklahoma followed by those with 2 with an average price of $849. The most expensive properties have 4 bedrooms. They are 55 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,133.
Based on the average price per sq.feet those properties with 2 bedrooms are the most affordable ones with a price of $2.61 / sq.feet being $3.71 / sq.feet the average for Oklahoma. The properties with the highest average price are those with 1 bedroom. These are 67 % more expensive than the average followed by those with 3 bedrooms with a price of $3.88 / 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 $981 it is 15 % cheaper than the average in Oklahoma. This is followed by "" with a cost of $861. The most expensive property type is "Condo" and is 53 % more costly than the average, followed by "Land" with a cost of $1,160.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $2.41 / sq.feet, followed by "House" with a price of $4.93 / sq.feet. "Apartment" with an average price of $10.21 / sq.feet is the most expensive type of property followed by "Condo" at a price of $6.76 / sq.feet.