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 October, the average price per sq.feet was $1.04. The following month (November) the price had a considerable rise reaching $3.83 per sq.feet. The following two months (December, January) went through a considerable fall of 50 % in the rent price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant rise of 463 %. This has been obtained by comparing the price of $1.83 for the first four months of the sample with regard to the previous 4 months and the price of $8.45 per sq.feet for the last two months (February, March).
When referring to the price in Oklahoma(region), there have hardly been any changes in the last 6 months. In the first month sample October the average price is $1,134. In November the price remains at $1,108. In the following two months the average price practically remained the same compared to the previous two going from $1,121 to $1,145. During the last two months the average price has not gone through any changes and has gone from $1,133 to $1,102 during February and March.
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 19 % cheaper than the average price in Oklahoma followed by those with 2 with an average price of $983. The most expensive properties have 4 bedrooms. They are 42 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,278.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.87 / sq.feet being $1.23 / sq.feet the average for Oklahoma. The properties with the highest average price are those with 1 bedroom. These are 591 % more expensive than the average followed by those with 2 bedrooms with a price of $7.33 / 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 $1,088 it is 26 % cheaper than the average in Oklahoma. This is followed by "Villa" with a cost of $897. The most expensive property type is "Commercial" and is 35 % more costly than the average, followed by "Land" with a cost of $1,323.
Based upon the average cost per sq.feet the most affordable property type is "Condo with a an average price of $0.84 / sq.feet, followed by "Land" with a price of $1.1 / sq.feet. "Commercial" with an average price of $96.93 / sq.feet is the most expensive type of property followed by "Villa" at a price of $41.62 / sq.feet.