The rent prices in real estate in Deming, in the New Mexico 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 Deming has fallen during the last 6 months. In September, the average price per sq.feet was $1.79. In the following month the price per sq.feet rose to $1.93. The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $1.73 to $1.38 during January, and February.
When referring to the price in Deming (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $7,774. In October This price remains at $7,730. During the following two months (November, December) the average price had a considerable fall of 74 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,734.25 to $849, which means a 13 % fall.
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 $908 they are 35 % more affordable than the average price for Deming . The properties with the lowest average price have 3 bedrooms, Their price is 19 % more affordable than the average. After that we have properties with 2 bedrooms priced at $626.
According to average price per property type in Deming, "" priced at $677 is 25 % lower than the average price ($908) in this city.