The rent prices in real estate in Port Arthur, in the Texas region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Port Arthur has risen during the last 6 months. In March, the average price per sq.feet was $1.09. In the following month the price per sq.feet rose to $1.15. In the following two months the price per sq.feet has practically remained the same, going from $1.12 to $1.14 per sq.feet. The price per sq.feet has risen 108 % 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 $1.13 to $1.22 during July, and August.
When referring to the price in Port Arthur (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $1,010. In April This price remains at $1,036. During the following two months (May, June) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $943.75 and $989.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $971 they are 25 % more affordable than the average price for Port Arthur . The properties with the highest average price have 3 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 2 bedrooms priced at $969.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.03 / sq.feet, with an average $1.21 / sq.feet price in Port Arthur. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.03 / sq.feet.
According to average price per property type in Port Arthur, "" priced at $876 is 10 % lower than the average price ($971) in this city.