The rent prices in real estate in Malakoff, 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 Malakoff has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.47. In December this price barely changed remaining at $1.53 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has risen 110 % 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 $1.14 to $1.26 during March, and April.
When referring to the price in Malakoff (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,434. In December This price remains at $1,431. During the following two months (January, February) the average price fell 93 % 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 had a strong increase of 116 % during the last two months.
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 $1,617 they are 28 % more affordable than the average price for Malakoff . The properties with the lowest average price have 1 bedroom, Their price is 8 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,306.
According to average price per property type in Malakoff, "" priced at $1,304 is 19 % lower than the average price ($1,617) in this city.