The rent prices in real estate in Forest Grove, 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 Forest Grove has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.4. In the following month the price per sq.feet rose considerably to $1.63. In the following two months the price per sq.feet has risen 108 %, going from $1.51 to $1.63 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.57 to $1.6 during February y March
When referring to the price in Forest Grove (cities), this has fallen in the last 6 months. The average price for October is $1,484. During November the price had a considerable fall till $1,248. In the following two months the average price has hardly changed with regard to the previous two months from $1,366 to $1,301. 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 $1,333.5 and $1,367 between February and March.
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 $1,412 they are 19 % more affordable than the average price for Forest Grove . The properties with the highest average price have 4 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,965.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.31 / sq.feet, with an average $1.56 / sq.feet price in Forest Grove. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.49 / sq.feet.
According to average price per property type in Forest Grove, "" priced at $1,200 is 15 % lower than the average price ($1,412) in this city.