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.