The rent prices in real estate in Texarkana, in the Arkansas 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 Texarkana has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.92. In December this price barely changed remaining at $0.89 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 371 %. The price per sq.feet has had a considerable fall of 44 % 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 $2.13 to $0.94 during March, and April.
When referring to the price in Texarkana (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $921. In December This price remains at $932. During the following two months (January, February) the average price had a considerable fall of 85 % with regard to the previous two months. 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 $856 and $830 between March and April.
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 $888 they are 17 % more affordable than the average price for Texarkana . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 2 bedrooms priced at $833.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % more affordable than the average price of ($1 / sq.feet) in Texarkana. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % more affordable than the average value aforementioned.
According to average price per property type in Texarkana, "" priced at $936 is 5 % more expensive than the average price ($888) in this city.