Property prices for rent in Ferris (Texas)
The rent prices in real estate in Ferris, in the Texas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Ferris has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.9. In the following month the price per sq.feet rose to $1. The price for the following two months in (December, January) had a considerable rise of 155 %. The price per sq.feet has risen 113 % 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 $1.21 to $1.37 during February, and March.
When referring to the price in Ferris (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,244. In November This price remains at $2,328. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $1,753 in Ferris. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
According to average price per property type in Ferris, "" priced at $1,753 is 32 % lower than the average price ($2,595) in this city.
