The rent prices in real estate in Oregon City, 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 Oregon City has had a strong fall during the last 6 months. In July, the average price per sq.feet was $10.52. In the following month the price per sq.feet fell considerably to $1.38. The price for the following two months in (September, October) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $3.67 to $1.41 during November, and December.
When referring to the price in Oregon City (cities), this has risen in the last 6 months. The rent price in July is $1,514, rising in August till $1,616. During the following two months (September, October) the price has had an average rise from $1,565 to $1,693.5. 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 $1,629.25 and $1,660 between November and December.
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 $1,642 they are 33 % more affordable than the average price for Oregon City . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,057.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.13 / sq.feet, with an average $1.45 / sq.feet price in Oregon City. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.55 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,642 it is 20 % more affordable than the average price in Oregon City. "" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $1,619 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.27 / sq.feet followed by "House" priced at $1.54 / sq.feet. "Condo" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $1.54 / sq.feet.