The rent prices in real estate in Midland, in the Texas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Midland has barely changed in the last 6 months. In March, the average price per sq.feet was $1.49. In April this price barely changed remaining at $1.48 per sq.feet. The price for the following two months in (May, June) fell 93 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.43 to $1.42 during July y August
When referring to the price in Midland (cities), this has fallen in the last 6 months. The average price for March is $1,545. During April the price had a slight fall till $1,406. In the following two months the average price has hardly changed with regard to the previous two months from $1,475.5 to $1,429. 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 $1,452.25 to $1,373.5 in July and August.
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 $1,340 they are 27 % more affordable than the average price for Midland . The properties with the highest average price have 4 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,823.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.11 / sq.feet, with an average $1.44 / sq.feet price in Midland. The properties with the most affordable average prices have 1 bedroom. They are 1 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.26 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,340 it is 7 % more affordable than the average price in Midland. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,544 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.19 / sq.feet followed by "Apartment" priced at $1.38 / sq.feet. "Condo" is the most expensive type of property with a $4 / sq.feet value followed by "Apartment" with an average price of $1.38 / sq.feet.