The rent prices in real estate in Mexia, in the Texas region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Mexia has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose to $1.09. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 194 % 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 to $1.93 during February, and March.
When referring to the price in Mexia (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $779. During November the price went through a considerable rise reaching $1,097. During the following two months (December, January) the average price had a considerable rise of 166 % 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 95 %, going from $1,246 to $1,182 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 $1,015 they are 34 % more affordable than the average price for Mexia . The properties with the highest average price have 4 bedrooms, Their price is 91 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,576.
According to average price per property type in Mexia, "" priced at $1,800 is 77 % more expensive than the average price ($1,015) in this city.