The rent prices in real estate in Hemphill, 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 Hemphill has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.25 to during January, and February.
When referring to the price in Hemphill (cities), this has fallen considerably in the last 6 months. The average price for September is $1,335. During October the price had a considerable fall till $633. During the following two months (November, December) the average price had a considerable fall of 64 % 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 $808.5 to $632, which means a 78 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $632 they are 3 % more affordable than the average price for Hemphill . The properties with the lowest average price have 1 bedroom, Their price is 2 % more affordable than the average. After that we have properties with 4 bedrooms priced at $615.
According to average price per property type in Hemphill, "" priced at $605 is 4 % lower than the average price ($632) in this city.