The rent prices in real estate in Fate, 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 Fate has had a strong fall during the last 6 months. In May, the average price per sq.feet was $0.94. In June this price barely changed remaining at $0.96 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable rise of 131 % 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 $0.71 to $0.94 during September, and October.
When referring to the price in Fate (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,669. During June the price went through a considerable rise reaching $1,952. In the following two months the average price has hardly changed with regard to the previous two months from $1,810.5 to $1,856.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,968 they are 12 % more affordable than the average price for Fate . The properties with the lowest average price have 1 bedroom, Their price is 6 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,736.
According to average price per property type in Fate, "" priced at $1,736 is 12 % lower than the average price ($1,968) in this city.