The rent prices in real estate in Port Neches, in the Texas 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 Port Neches has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.1. In the following month the price per sq.feet fell to $0.98. The price for the following two months in (June, July) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $0.79 to $0.51 during August, and September.
When referring to the price in Port Neches (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $879. In May This price remains at $861. During the following two months (June, July) the average price had a considerable rise of 119 % 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 117 % 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 $1,180 they are 47 % more affordable than the average price for Port Neches . The properties with the highest average price have 3 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 2 bedrooms priced at $768.
According to average price per property type in Port Neches, "" priced at $1,360 is 15 % more expensive than the average price ($1,180) in this city.