Property prices for rent in Lone Oak (Texas)
The rent prices in real estate in Lone Oak, 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 Lone Oak has had a strong fall during the last 6 months. In October, the average price per sq.feet was $325.96. 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 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 179 % 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 $82.03 to $147.03 during February, and March.
When referring to the price in Lone Oak (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,816. In November This price remains at $1,840. During the following two months (December, January) the average price had a considerable fall of 58 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,440 and $1,437.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 28 % more affordable than the average price of $949 in Lone Oak. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
According to average price per property type in Lone Oak, "" priced at $949 is 28 % lower than the average price ($1,317) in this city.
