The rent prices in real estate in Chiloquin, 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 Chiloquin has had a strong fall during the last 6 months. In December, the average price per sq.feet was $4. In January this price barely changed remaining at $4 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $3.28 to $3 during April, and May.
When referring to the price in Chiloquin (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $1,180. In January This price remains at $1,180. During the following two months (February, March) the average price had a considerable rise of 135 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,385 to $1,178 in April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,178 they are 5 % more affordable than the average price for Chiloquin . The properties with the lowest average price have 1 bedroom, Their price is 3 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,122.
According to average price per property type in Chiloquin, "" priced at $1,122 is 5 % lower than the average price ($1,178) in this city.