The rent prices in real estate in Eugene, 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 Eugene has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.77. In December this price barely changed remaining at $1.8 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.78 to $1.85 per sq.feet. The price per sq.feet has had a considerable rise of 129 % 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 $1.82 to $2.35 during March, and April.
When referring to the price in Eugene (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,780. During December the price had a slight fall till $1,641. In the following two months the average price has hardly changed with regard to the previous two months from $1,710.5 to $1,721.5. 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 $1,716 and $1,712 between March and April.
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 $1,749 they are 8 % more affordable than the average price for Eugene . The properties with the highest average price have 4 bedrooms, Their price is 83 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,811.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.51 / sq.feet, with an average $2.71 / sq.feet price in Eugene. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.22 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,749 it is 6 % more affordable than the average price in Eugene. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $1,961 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "Condo" priced at $1.25 / sq.feet. "House" is the most expensive type of property with a $2.75 / sq.feet value followed by "Condo" with an average price of $1.25 / sq.feet.