The rent prices in real estate in Hillsboro, 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 Hillsboro has risen during the last 6 months. In October, the average price per sq.feet was $1.66. In November this price barely changed remaining at $1.73 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $1.7 to $1.8 per sq.feet. The price per sq.feet has risen 112 % 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 $1.75 to $1.96 during February, and March.
When referring to the price in Hillsboro (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,142. In November This price remains at $2,140. In the following two months the average price has hardly changed with regard to the previous two months from $2,141 to $2,169. 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 $2,155 and $2,192 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 $2,186 they are 21 % more affordable than the average price for Hillsboro . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,466.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.58 / sq.feet, with an average $1.98 / sq.feet price in Hillsboro. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.92 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,186 it is 14 % more affordable than the average price in Hillsboro. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,425 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.65 / sq.feet followed by "Land" priced at $2 / sq.feet. "House" is the most expensive type of property with a $2.17 / sq.feet value followed by "Land" with an average price of $2 / sq.feet.