The rent prices in real estate in Cisco, 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 Cisco has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.86. In December this price barely changed remaining at $0.86 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.86 to $0.87 per sq.feet. The price per sq.feet has had a considerable fall of 51 % 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 $0.87 to $0.44 during March, and April.
When referring to the price in Cisco (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $757. In December This price remains at $756. In the following two months the average price has hardly changed with regard to the previous two months from $756.5 to $769.5. 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 $763 and $769.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $759 they are 45 % more affordable than the average price for Cisco . The properties with the lowest average price have 1 bedroom, Their price is 45 % more affordable than the average. After that we have properties with 4 bedrooms priced at $415.
According to average price per property type in Cisco, "" priced at $414 is 45 % lower than the average price ($759) in this city.