The rent prices in real estate in Myrtle Creek, 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 Myrtle Creek has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.32. In December this price barely changed remaining at $1.34 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $1.22 to $0.5 during March, and April.
When referring to the price in Myrtle Creek (cities), this has fallen in the last 6 months. The average price during our first sample month during November, is $1,410. During December the price went through a considerable rise reaching $1,818. During the following two months (January, February) the average price fell 90 % 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 $1,536.5 to $914, which means a 59 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 12 % more affordable than the average price of $770 in Myrtle Creek. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
According to average price per property type in Myrtle Creek, "" priced at $770 is 12 % lower than the average price ($879) in this city.