Property prices for rent in Palacios (Texas)
The rent prices in real estate in Palacios, 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 Palacios has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.16. In the following month the price per sq.feet rose to $1.26. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has had a considerable rise of 1282 % 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 $1.31 to $16.74 during February, and March.
When referring to the price in Palacios (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,800. During November the price went through a considerable rise reaching $2,128. During the following two months (December, January) the average price had a considerable rise of 117 % 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 90 %, going from $2,135.75 to $1,924.5 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 $1,624 they are 8 % more affordable than the average price for Palacios . The properties with the lowest average price have 1 bedroom, Their price is 6 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,492.
According to average price per property type in Palacios, "" priced at $1,472 is 9 % lower than the average price ($1,624) in this city.
