The rent prices in real estate in Odendaalsrus, in the Free State region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per m² in Odendaalsrus has had a strong fall during the last 6 months. In November, the average price per m² was R 69. In December this price barely changed remaining at R 69 per m². The price for the following two months in (January, February) had a considerable fall of 64 with regard to the previous two months. The price per m² has had a considerable fall of 67 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of R 56,5 to R 38 during March, and April.
When referring to the price in Odendaalsrus (cities & towns), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is R 2 782. In December This price remains at R 2 782. In the following two months the average price has hardly changed with regard to the previous two months from R 2 782 to R 2 682. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of R 2 732 and R 2 749 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of R 2 675 in Odendaalsrus. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 50 % more expensive than the average price of (R 57 / m²) in Odendaalsrus. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 50 % more expensive than the average value aforementioned.