Property prices for rent in Lincoln City (Oregon)
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 November, the average price per sq.feet was $33. In the following month the price per sq.feet fell considerably to $9. The price for the following two months in (January, February) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable rise of 222 % 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 $13.08 to $29 during March, and April.
When referring to the price in Lincoln City (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,498, rising in December till $1,598. In the following two months the average price has hardly changed with regard to the previous two months from $1,548 to $1,551.5. 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 $1,549.75 and $1,507 between March and April.
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 $1,436 they are 13 % more affordable than the average price for Lincoln City . The properties with the lowest average price have 2 bedrooms, Their price is 13 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,248.
With regard to the average prices per sq.feet those properties with 1 bedroom are 32 % more expensive than the average price of ($41 / sq.feet) in Lincoln City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 32 % more expensive than the average value aforementioned.
According to average price per property type in Lincoln City, "" priced at $1,241 is 14 % lower than the average price ($1,436) in this city.
