Property prices for rent in Deming (New Mexico)

The rent prices in real estate in Deming, 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.

$712.83
Average price last 6 months
$0.61
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Deming has had a strong fall during the last 6 months. In July, the average price per sq.feet was $0.76. In August this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 45 with regard to the previous two months. The price per sq.feet has had a considerable rise of 128 % 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 $0.56 to $0.71 during November, and December.

Average price

When referring to the price in Deming (cities), this has fallen in the last 6 months. In our first sample month during July, the average price is $778. In August This price remains at $755. During the following two months (September, October) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $739 to $660.5 in November and December.

Average price per bedrooms

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 $633 they are 1 % more affordable than the average price for Deming . The properties with the highest average price have 2 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 1 bedroom priced at $624.

Price per property type

According to average price per property type in Deming, "" priced at $695 is 10 % more expensive than the average price ($633) in this city.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Deming
Number of properties used in region New Mexico
$633
$0.66
98
14,592
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value