Property prices for rent in Somerville (Texas)
The rent prices in real estate in Somerville, in the Texas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Somerville has barely changed in the last 6 months. In October, the average price per sq.feet was $1.89. In November this price barely changed remaining at $1.95 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable rise of 137 % 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 $1.69 to $2.32 during February, and March.
When referring to the price in Somerville (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,585. During November the price had a slight fall till $1,491. During the following two months (December, January) the average price had a considerable fall of 85 % 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 126 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,881 they are 62 % more affordable than the average price for Somerville . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,784.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.35 / sq.feet, with an average $2.6 / sq.feet price in Somerville. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.35 / sq.feet.
According to average price per property type in Somerville, "" priced at $707 is 62 % lower than the average price ($1,881) in this city.
