Property prices for rent in Mexico (Missouri)
The rent prices in real estate in Mexico, in the Missouri 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 Mexico has had a strong fall during the last 6 months. In October, the average price per sq.feet was $12.73. In November this price barely changed remaining at $12.73 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable rise of 149 % 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 $6.69 to $10 during February, and March.
When referring to the price in Mexico (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $11,009. In November This price remains at $11,009. During the following two months (December, January) the average price had a considerable fall of 8 % 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 151 % during the last two months.
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 $17,180 they are 94 % more affordable than the average price for Mexico . Based on the bedrooms values, properties with the most affordable rent prices are those with 3 bedrooms. They are 93 % more affordable than the average aforementioned.
