The rent prices in real estate in Bend, in the Oregon region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bend has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.82. In the following month the price per sq.feet fell to $1.72. In the following two months the price per sq.feet has risen 110 %, going from $1.77 to $1.95 per sq.feet. The price per sq.feet has had a considerable rise of 130 % 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 sq.feet of $1.86 to $2.42 during March, and April.
When referring to the price in Bend (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $2,153. In December This price remains at $2,230. In the following two months the average price has hardly changed with regard to the previous two months from $2,191.5 to $2,170. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,290 they are 19 % more affordable than the average price for Bend . The properties with the highest average price have 4 bedrooms, Their price is 106 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,942.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.07 / sq.feet, with an average $2.41 / sq.feet price in Bend. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.24 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,290 it is 37 % more affordable than the average price in Bend. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,900 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.4 / sq.feet followed by "Townhouse" priced at $2.41 / sq.feet. "Townhouse" is the most affordable type of property with a $2.41 / sq.feet value followed by "House" with an average price of $2.4 / sq.feet.