The rent prices in real estate in Talent, 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 Talent has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.52. In the following month the price per sq.feet fell to $1.44. The price for the following two months in (December, January) had a considerable rise of 117 %. The price per sq.feet has had a considerable rise of 123 % 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 $1.6 to $1.98 during February, and March.
When referring to the price in Talent (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,309. During November the price went through a considerable rise reaching $1,644. During the following two months (December, January) the average price had a considerable rise of 128 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,686.75 to $1,480 in 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 $1,584 they are 31 % more affordable than the average price for Talent . The properties with the lowest average price have 2 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,090.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % more expensive than the average price of ($2.11 / sq.feet) in Talent. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % more expensive than the average value aforementioned.
According to average price per property type in Talent, "" priced at $1,423 is 10 % lower than the average price ($1,584) in this city.