The rent prices in real estate in Depoe Bay, in the Oregon region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Depoe Bay has fallen during the last 6 months. In October, the average price per sq.feet was $1.96. In the following month the price per sq.feet fell to $1.83. In the following two months the price per sq.feet has practically remained the same, going from $1.89 to $1.85 per sq.feet. The price per sq.feet has fallen 91 % 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 $1.87 to $1.7 during February, and March.
When referring to the price in Depoe Bay (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,850. In November This price remains at $2,830. During the following two months (December, January) the average price fell 88 % 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 $2,663.75 to $1,868.5, which means a 70 % fall.
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 $1,683 they are 43 % more affordable than the average price for Depoe Bay . The properties with the lowest average price have 1 bedroom, Their price is 43 % more affordable than the average. After that we have properties with 4 bedrooms priced at $959.
According to average price per property type in Depoe Bay, "" priced at $1,637 is 3 % lower than the average price ($1,683) in this city.