Property prices for rent in Philomath (Oregon)
The rent prices in real estate in Philomath, in the Oregon region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Philomath has risen strongly during the last 6 months. In July, the average price per sq.feet was $0.99. In August this price barely changed remaining at $1 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 127 %. The price per sq.feet has had a considerable rise of 118 % 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 $1.13 to $1.33 during November, and December.
When referring to the price in Philomath (cities), there have hardly been any changes in the last 6 months. The average price for July is $1,267. During August the price had a slight fall till $1,094. In the following two months the average price has hardly changed with regard to the previous two months from $1,180.5 to $1,133.5. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $1,290 they are 16 % more affordable than the average price for Philomath . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,220.
According to average price per property type in Philomath, "" priced at $1,220 is 5 % lower than the average price ($1,290) in this city.
