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 October, the average price per sq.feet was $1.58. In the following month the price per sq.feet rose considerably to $1.99. In the following two months the price per sq.feet has risen 109 %, going from $1.78 to $1.94 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.86 to $1.92 during February y March
When referring to the price in Philomath (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,765. In November This price remains at $1,760. During the following two months (December, January) the average price fell 95 % 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 $1,717 and $1,696 between February and March.
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 $1,715 they are 21 % more affordable than the average price for Philomath . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,633.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.92 / sq.feet, with an average $1.95 / sq.feet price in Philomath. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.95 / sq.feet.
According to average price per property type in Philomath, "" priced at $1,904 is 11 % more expensive than the average price ($1,715) in this city.