The rent prices in real estate in Krum, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Krum has fallen during the last 6 months. In October, the average price per sq.feet was $1.43. In the following month the price per sq.feet fell to $1.29. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 $1.3 to $1.42 during February, and March.
When referring to the price in Krum (cities), this has risen considerably in the last 6 months. The rent price in October is $2,011, rising in November till $2,208. During the following two months (December, January) the average price had a considerable rise of 133 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $2,460 to $2,167.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,135 they are 45 % more affordable than the average price for Krum . The properties with the highest average price have 4 bedrooms, Their price is 90 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,121.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.35 / sq.feet, with an average $1.43 / sq.feet price in Krum. The properties with the most expensive average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.53 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,135 it is 30 % more affordable than the average price in Krum. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,996 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.32 / sq.feet followed by "House" priced at $1.38 / sq.feet. "Condo" is the most expensive type of property with a $1.47 / sq.feet value followed by "House" with an average price of $1.38 / sq.feet.