The rent prices in real estate in Lake Oswego, in the Oregon region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Lake Oswego has fallen during the last 6 months. In March, the average price per sq.feet was $9.36. In the following month the price per sq.feet rose to $10.7. The price for the following two months in (May, June) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $9.72 to $6.76 during July, and August.
When referring to the price in Lake Oswego (cities), this has risen considerably in the last 6 months. The rent price in March is $1,861, rising in April till $2,063. During the following two months (May, June) the price has had an average rise from $1,962 to $2,088.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % during the last two months.
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 $2,273 they are 33 % more affordable than the average price for Lake Oswego . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,748.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $1.62 / sq.feet price in Lake Oswego. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.66 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $2,273 it is 47 % more affordable than the average price in Lake Oswego. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $2,078 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.6 / sq.feet followed by "Condo" priced at $1.66 / sq.feet. "Commercial" is the most expensive type of property with a $18 / sq.feet value followed by "Office" with an average price of $12 / sq.feet.