Property prices for rent in Newport (Oregon)

The price per sq.feet in Newport has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.83. In the following month the price per sq.feet rose considerably to $2.19. The price for the following two months in (December, January) had a considerable rise of 135 %. The price per sq.feet has had a considerable fall of 74 % 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 $2.36 to $1.75 during February, and March.

When referring to the price in Newport (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,211. During November the price went through a considerable rise reaching $3,008. During the following two months (December, January) the price has had an average rise from $2,609.5 to $2,909. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.

The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $3,225 they are 69 % more affordable than the average price for Newport . The properties with the lowest average price have 2 bedrooms, Their price is 32 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,138.

With regard to the average prices per sq.feet those properties with 1 bedroom are 1695 % more expensive than the average price of ($28 / sq.feet) in Newport. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1695 % more expensive than the average value aforementioned.

According to average price per property type in Newport, "" priced at $1,336 is 59 % lower than the average price ($3,225) in this city.