The rent prices in real estate in Brownwood, 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 Brownwood has had a strong fall during the last 6 months. In June, the average price per sq.feet was $4.59. In the following month the price per sq.feet rose considerably to $8.9. The price for the following two months in (August, September) had a considerable fall of 15 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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 $3.86 to $0.85 during October, and November.
When referring to the price in Brownwood (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $624. During July the price went through a considerable rise reaching $740. During the following two months (August, September) the average price had a considerable rise of 128 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $935 they are 20 % more affordable than the average price for Brownwood . The properties with the highest average price have 4 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,052.
According to average price per property type in Brownwood, "" priced at $824 is 12 % lower than the average price ($935) in this city.