The rent prices in real estate in Springtown, 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 Springtown has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.28. In December this price barely changed remaining at $1.32 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.3 to $1.26 per sq.feet. The price per sq.feet has had a considerable rise of 1418 % 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 $1.28 to $18.18 during March, and April.
When referring to the price in Springtown (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,713. In December This price remains at $1,736. During the following two months (January, February) the price has had an average rise from $1,724.5 to $1,955.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 141 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,742 they are 47 % more affordable than the average price for Springtown . The properties with the lowest average price have 1 bedroom, Their price is 47 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,445.
According to average price per property type in Springtown, "" priced at $1,445 is 47 % lower than the average price ($2,742) in this city.