The rent prices in real estate in Athens, in the Texas 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 Athens has had a strong fall during the last 6 months. In June, the average price per sq.feet was $10. In the following month the price per sq.feet fell to $9. The price for the following two months in (August, September) had a considerable fall of 0 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 $4.75 to $1.08 during October, and November.
When referring to the price in Athens (cities), this has fallen considerably in the last 6 months. The average price for June is $1,546. During July the price had a considerable fall till $989. During the following two months (August, September) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,404 to $887.5, which means a 63 % fall.
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 $875 they are 54 % more affordable than the average price for Athens . The properties with the lowest average price have 2 bedrooms, Their price is 15 % more affordable than the average. After that we have properties with 3 bedrooms priced at $684.
According to average price per property type in Athens, "" priced at $666 is 24 % lower than the average price ($875) in this city.