The rent prices in real estate in Hermiston, 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 Hermiston has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $3. The price for the following two months in (July, August) had a considerable fall of 55 with regard to the previous two months. The price per sq.feet has had a considerable fall of 74 % 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 $1.55 to $1.15 during September, and October.
When referring to the price in Hermiston (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,098. During June the price went through a considerable rise reaching $1,310. During the following two months (July, August) 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 barely gone through any changes with regard to the previous average values going from an average value of $1,414.5 and $1,431.5 between September and October.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $882 in Hermiston. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
According to average price per property type in Hermiston, "" priced at $882 is 32 % lower than the average price ($1,298) in this city.