The rent prices in real estate in Forest Grove, in the Oregon region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Forest Grove has risen during the last 6 months. In January, the average price per sq.feet was $1.63. In February this price barely changed remaining at $1.55 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.59 to $1.68 per sq.feet. The price per sq.feet has had a considerable rise of 116 % 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 $1.64 to $1.89 during May, and June.
When referring to the price in Forest Grove (cities), this has risen in the last 6 months. The rent price in January is $1,464, rising in February till $1,556. During the following two months (March, April) the average price had a considerable rise of 119 % with regard to the previous two months. 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 $1,653.75 and $1,601 between May and June.
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 $1,604 they are 9 % more affordable than the average price for Forest Grove . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,097.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.61 / sq.feet, with an average $1.91 / sq.feet price in Forest Grove. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.81 / sq.feet.
According to average price per property type in Forest Grove, "" priced at $1,349 is 16 % lower than the average price ($1,604) in this city.