The rent prices in real estate in Central Point, in the Oregon 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 sq.feet in Central Point has had a strong fall during the last 6 months. In November, the average price per sq.feet was $9.19. In the following month the price per sq.feet fell considerably to $1.46. The price for the following two months in (January, February) had a considerable fall of 28 with regard to the previous two months. The price per sq.feet has had a considerable fall of 46 % 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 $3.42 to $1.57 during March, and April.
When referring to the price in Central Point (cities), this has fallen considerably in the last 6 months. The average price for November is $10,972. During December the price had a considerable fall till $2,036. During the following two months (January, February) the average price had a considerable fall of 29 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $4,193.25 to $1,718, which means a 41 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,842 they are 37 % more affordable than the average price for Central Point . The properties with the lowest average price have 3 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,369.
According to average price per property type in Central Point, "" priced at $1,369 is 26 % lower than the average price ($1,842) in this city.