The rent prices in real estate in South Beach, 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 South Beach has had a strong fall during the last 6 months. In December, the average price per sq.feet was $35. In January this price barely changed remaining at $35 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $26.25 to during April, and May.
When referring to the price in South Beach (cities), this has risen considerably in the last 6 months. In our first sample month during December, the average price is $1,261. In January This price remains at $1,261. During the following two months (February, March) the average price had a considerable rise of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 137 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,961 they are 37 % more affordable than the average price for South Beach . The properties with the lowest average price have 1 bedroom, Their price is 1 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,235.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 2147483647 % more expensive than the average price of ($22 / sq.feet) in South Beach. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,961 it is 37 % more affordable than the average price in South Beach. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,933 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $10 / sq.feet followed by "House" priced at $22 / sq.feet. "House" is the most expensive type of property with a $22 / sq.feet value followed by "Townhouse" with an average price of $10 / sq.feet.