The rent prices in real estate in Hermiston, in the Oregon region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Hermiston has barely changed in the last 6 months. In March, the average price per sq.feet was $3.91. In the following month the price per sq.feet fell considerably to $2.58. The price for the following two months in (May, June) had a considerable rise of 123 %. The price per sq.feet has had a considerable rise of 121 % 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 $3.61 to $4.36 during July, and August.
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 March, is $960. During April the price went through a considerable rise reaching $1,150. During the following two months (May, June) the price has had an average rise from $1,055 to $1,207.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 44 % more affordable than the average price of $896 in Hermiston. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 44 % more affordable than the average aforementioned.
According to average price per property type in Hermiston, "" priced at $896 is 44 % lower than the average price ($1,595) in this city.