The rent prices in real estate in Rio Grande City, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Rio Grande City has fallen during the last 6 months. In October, the average price per sq.feet was $0.98. In November this price barely changed remaining at $1.02 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $0.92 to $0.85 during February, and March.
When referring to the price in Rio Grande City (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,462. In November This price remains at $1,527. During the following two months (December, January) the average price had a considerable fall of 65 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,232.75 to $973.5, which means a 79 % fall.