The rent prices in real estate in Aztec, in the New Mexico 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 Aztec has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.5. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) had a considerable rise of 130 %. The price per sq.feet has had a considerable fall of 69 % 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 $1.44 to $1 during July, and August.
When referring to the price in Aztec (cities), this has risen in the last 6 months. The average price for March is $1,267. During April the price had a slight fall till $1,136. During the following two months (May, June) the price has had an average rise from $1,201.5 to $1,368.5. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $1,618 they are 61 % more affordable than the average price for Aztec . The properties with the lowest average price have 3 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 4 bedrooms priced at $950.
According to average price per property type in Aztec, "" priced at $950 is 41 % lower than the average price ($1,618) in this city.