Property prices for rent in Medford (Oregon)
The rent prices in real estate in Medford, 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 Medford has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.47. In the following month the price per sq.feet rose to $1.59. The price for the following two months in (January, February) had a considerable rise of 116 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.65 to $1.68 during March y April
When referring to the price in Medford (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,607. In December This price remains at $1,640. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,582.75 to $1,472 in 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 $1,421 they are 23 % more affordable than the average price for Medford . The properties with the highest average price have 4 bedrooms, Their price is 535 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,031.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.42 / sq.feet, with an average $1.63 / sq.feet price in Medford. The properties with the most expensive average prices have 4 bedrooms. They are 84 % more expensive than the average followed by properties with 1 bedroom with a price at $2.13 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,421 it is 27 % more affordable than the average price in Medford. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $1,331 it is 42 % more expensive 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 $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.
