The rent prices in real estate in Monmouth, in the Oregon region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Monmouth has fallen during the last 6 months. In October, the average price per sq.feet was $1.92. In the following month the price per sq.feet fell to $1.64. In the following two months the price per sq.feet has practically remained the same, going from $1.78 to $1.85 per sq.feet. 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 $1.82 to $1.76 during February y March
When referring to the price in Monmouth (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,815. In November This price remains at $1,889. During the following two months (December, January) the average price had a considerable fall of 80 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,670.5 to $1,386.5, which means a 83 % fall.
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 $1,345 they are 42 % more affordable than the average price for Monmouth . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,942.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $1.71 / sq.feet price in Monmouth. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.56 / sq.feet.
According to average price per property type in Monmouth, "" priced at $1,611 is 20 % more expensive than the average price ($1,345) in this city.