Property prices for rent in Fate (Texas)
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.
