Property prices for rent in Hereford (Arizona)
The rent prices in real estate in Hereford, in the Arizona 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 Hereford has had a strong fall during the last 6 months. In October, the average price per sq.feet was $156.54. In the following month the price per sq.feet fell considerably to $1.14. The price for the following two months in (December, January) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $57.99 to $41.08 during February, and March.
When referring to the price in Hereford (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,800. In November This price remains at $1,717. In the following two months the average price has hardly changed with regard to the previous two months from $1,758.5 to $1,791.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,775 to $1,588 in February and March.
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 $1,613 they are 28 % more affordable than the average price for Hereford . The properties with the highest average price have 1 bedroom, Their price is 4 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,154.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 79 % more affordable than the average price of ($17 / sq.feet) in Hereford. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 79 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,613 it is 44 % more affordable than the average price in Hereford. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,124 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2 / sq.feet followed by "House" priced at $17 / sq.feet. "House" is the most affordable type of property with a $17 / sq.feet value followed by "Apartment" with an average price of $2 / sq.feet.
