The rent prices in real estate in Troy, 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 Troy has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.87. In December this price barely changed remaining at $0.87 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 517 %. The price per sq.feet has had a considerable fall of 16 % 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 $2.68 to $0.44 during March, and April.
When referring to the price in Troy (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,125. In December This price remains at $1,125. During the following two months (January, February) the price has had an average rise from $1,125 to $1,212. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,168.5 to $1,029 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,050 they are 30 % more expensive than the average price for Troy. Following this ranking we find those properties with 1 at an average price of $1,366. The properties with the highest average price have 1 bedroom, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,362.
According to average price per property type in Troy, "" priced at $1,362 is 30 % more expensive than the average price ($1,050) in this city.