The rent prices in real estate in Madras, in the Oregon region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Madras has risen during the last 6 months. In March, the average price per sq.feet was $0.98. In April this price barely changed remaining at $1 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 117 %. The price per sq.feet has fallen 92 % 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 $1.07 to $0.99 during July, and August.
When referring to the price in Madras (cities), this has risen in the last 6 months. The rent price in March is $1,066, rising in April till $1,169. In the following two months the average price has hardly changed with regard to the previous two months from $1,117.5 to $1,152.5. 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 $1,135 and $1,147.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,132 they are 18 % more affordable than the average price for Madras . The properties with the lowest average price have 3 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 4 bedrooms priced at $995.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 1358 % more expensive than the average price of ($14 / sq.feet) in Madras. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1358 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,132 it is 12 % more affordable than the average price in Madras. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $995 it is 7 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $14 / sq.feet. "House" at an average price of $14 / sq.feet has the highest price and would be directed at more affluent cities.