Property prices for rent in Montgomery (Texas)
The rent prices in real estate in Montgomery, 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 Montgomery has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.29. In the following month the price per sq.feet rose to $1.44. The price for the following two months in (December, January) had a considerable rise of 127 %. The price per sq.feet has risen 114 % 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 $1.55 to $1.76 during February, and March.
When referring to the price in Montgomery (cities), this has fallen in the last 6 months. The average price for October is $2,069. During November the price had a slight fall till $1,919. During the following two months (December, January) the average price fell 94 % 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 $1,930.25 to $1,832 in February and March.
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 $1,889 they are 21 % more affordable than the average price for Montgomery . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,158.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.17 / sq.feet, with an average $1.76 / sq.feet price in Montgomery. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.75 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,889 it is 39 % more affordable than the average price in Montgomery. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Townhouse". At a price of $1,610 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Land" priced at $1.27 / sq.feet. "House" is the most expensive type of property with a $1.88 / sq.feet value followed by "Condo" with an average price of $1.64 / sq.feet.
