The rent prices in real estate in Santa Fe, 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 Santa Fe has risen strongly during the last 6 months. In May, the average price per sq.feet was $11. In the following month the price per sq.feet rose considerably to $13. The price for the following two months in (July, August) had a considerable rise of 241 %. The price per sq.feet has had a considerable fall of 49 % 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 $20.47 to $10 during September, and October.
When referring to the price in Santa Fe (cities), there have hardly been any changes in the last 6 months. The rent price in May is $1,481, rising in June till $1,606. In the following two months the average price has hardly changed with regard to the previous two months from $1,543.5 to $1,492. 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 $1,517.75 and $1,479 between September and October.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 4 % more affordable than the average price of $1,427 in Santa Fe. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 400 % more expensive than the average price of ($50 / sq.feet) in Santa Fe. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 400 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,479 it is 5 % more affordable than the average price in Santa Fe. "House" is seen as the second most affordable property type. The most affordable property is "Land" followed by "Mobile Home". At a price of $1,465 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Mobile Home" at an average price of $38 / sq.feet followed by "Condo" priced at $39 / sq.feet. "House" is the most expensive type of property with a $50 / sq.feet value followed by "Land" with an average price of $43 / sq.feet.