The rent prices in real estate in Bonham, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Bonham has fallen during the last 6 months. In September, the average price per sq.feet was $0.83. In the following month the price per sq.feet fell to $0.78. The price for the following two months in (November, December) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable rise of 151 % 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 $0.65 to $0.98 during January, and February.
When referring to the price in Bonham (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $761. During October the price went through a considerable rise reaching $963. During the following two months (November, December) the price has had an average rise from $862 to $949. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $967 they are 33 % more affordable than the average price for Bonham . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $907.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.84 / sq.feet, with an average $1 / sq.feet price in Bonham. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $0.94 / sq.feet.
According to average price per property type in Bonham, "" priced at $683 is 29 % lower than the average price ($967) in this city.