The rent prices in real estate in Molalla, 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 Molalla has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.46. In the following month the price per sq.feet fell to $1.34. The price for the following two months in (March, April) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable fall of 83 % 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 $1.2 to $1 during May, and June.
When referring to the price in Molalla (cities), this has risen in the last 6 months. The rent price in January is $1,136, rising in February till $1,296. In the following two months the average price has hardly changed with regard to the previous two months from $1,216 to $1,175. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 9 % more affordable than the average price of $1,280 in Molalla. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 9 % 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 $1,410 it is 9 % more affordable than the average price in Molalla. "Farm" is seen as the second most affordable property type. The most affordable property is "Farm" followed by "". At a price of $1,280 it is 3 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Farm with an average cost of $2 / sq.feet. "Farm" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.