The rent prices in real estate in Prineville, 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 Prineville has had a strong fall during the last 6 months. In June, the average price per sq.feet was $8. In July this price barely changed remaining at $8.3 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 13 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % 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 $4.61 to $1.07 during October, and November.
When referring to the price in Prineville (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $1,365. In July This price remains at $1,370. In the following two months the average price has hardly changed with regard to the previous two months from $1,367.5 to $1,347. 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 $1,357.25 and $1,289.5 between October and November.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $1,147 in Prineville. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
According to average price per property type in Prineville, "" priced at $1,147 is 8 % lower than the average price ($1,246) in this city.