Property prices for rent in Lincoln City (Oregon)
The rent prices in real estate in Lincoln City, 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 Lincoln City has risen strongly during the last 6 months. In June, the average price per sq.feet was $9.27. In July this price barely changed remaining at $9.19 per sq.feet. The price for the following two months in (August, September) had a considerable rise of 192 %. The price per sq.feet has had a considerable rise of 241 % 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 $13.48 to $32.44 during October, and November.
When referring to the price in Lincoln City (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $1,600. In July This price remains at $1,663. During the following two months (August, September) the price has had an average rise from $1,631.5 to $1,745. 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 $1,688.25 to $1,468 in October and November.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 16 % more affordable than the average price of $1,254 in Lincoln City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,498 it is 17 % more affordable than the average price in Lincoln City. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,241 it is 16 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $3 / sq.feet. "House" with an average price of $3 / sq.feet has the most affordable price and would be directed at less affluent cities.
