The rent prices in real estate in The Dalles, 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 The Dalles has had a strong fall during the last 6 months. In July, the average price per sq.feet was $11.03. In the following month the price per sq.feet fell considerably to $1.21. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 37 % 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 $3.65 to $1.36 during November, and December.
When referring to the price in The Dalles (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,333. In August This price remains at $1,334. In the following two months the average price has hardly changed with regard to the previous two months from $1,333.5 to $1,328.5. 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 $1,331 and $1,349.5 between November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,337 they are 9 % more affordable than the average price for The Dalles . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,551.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.39 / sq.feet price in The Dalles. The properties with the most expensive average prices have 4 bedrooms. They are 547 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,337 it is 17 % more affordable than the average price in The Dalles. "" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,159 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $4 / sq.feet followed by "House" priced at $11 / sq.feet. "House" is the most expensive type of property with a $11 / sq.feet value followed by "Condo" with an average price of $4 / sq.feet.