The rent prices in real estate in North Plains, 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 North Plains has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.12. In February this price barely changed remaining at $1.12 per sq.feet. The price for the following two months in (March, April) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 46 % 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 $1.09 to $0.5 during May, and June.
When referring to the price in North Plains (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $2,118. In February This price remains at $2,190. During the following two months (March, April) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,072.75 and $2,174.5 between May and June.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $2,083 they are 1 % more expensive than the average price for North Plains. Following this ranking we find those properties with 1 at an average price of $2,260. The properties with the highest average price have 1 bedroom, Their price is 8 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,103.
According to average price per property type in North Plains, "" priced at $2,103 is 1 % more expensive than the average price ($2,083) in this city.