Property prices for rent in Marfa (Texas)
The rent prices in real estate in Marfa, 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 Marfa has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.74. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (January, February) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $2.25 to $2 during March, and April.
When referring to the price in Marfa (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,181. During December the price had a considerable fall till $1,573. During the following two months (January, February) the average price had a considerable rise of 146 % 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 $2,310.5 to $1,875.5, which means a 81 % fall.
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 $1,573 in Marfa. 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.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2 / sq.feet) in Marfa. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
