The rent prices in real estate in Lincoln City, in the Oregon region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Lincoln City has had a strong fall during the last 6 months. In April, the average price per sq.feet was $31. In the following month the price per sq.feet fell considerably to $1.97. The price for the following two months in (June, July) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 13 % 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 $9.06 to $1.13 during August, and September.
When referring to the price in Lincoln City (cities), this has fallen in the last 6 months. The average price for April is $1,436. During May the price had a slight fall till $1,230. In the following two months the average price has hardly changed with regard to the previous two months from $1,333 to $1,309. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,321 to $1,149 in August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $858 they are 36 % more expensive than the average price for Lincoln City. Following this ranking we find those properties with 1 at an average price of $1,471. The properties with the highest average price have 2 bedrooms, Their price is 94 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,471.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $3 / sq.feet, with an average $1.27 / sq.feet price in Lincoln City. The properties with the most expensive average prices have 1 bedroom. They are 2498 % more expensive than the average followed by properties with 2 bedrooms with a price at $25 / sq.feet.
According to average price per property type in Lincoln City, "" priced at $1,241 is 45 % more expensive than the average price ($858) in this city.