Property prices for rent in Vernon (Texas)
The rent prices in real estate in Vernon, 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 Vernon has barely changed in the last 6 months. In October, the average price per sq.feet was $0.56. In the following month the price per sq.feet fell considerably to $0.47. In the following two months the price per sq.feet has practically remained the same, going from $0.51 to $0.54 per sq.feet. The price per sq.feet has risen 110 % 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 $0.52 to $0.57 during February, and March.
When referring to the price in Vernon (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $431. In November This price remains at $429. During the following two months (December, January) the average price had a considerable rise of 195 % 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 155 % during the last two months.
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 $903 they are 58 % more affordable than the average price for Vernon . The properties with the lowest average price have 2 bedrooms, Their price is 43 % more affordable than the average. After that we have properties with 1 bedroom priced at $381.
According to average price per property type in Vernon, "" priced at $517 is 43 % lower than the average price ($903) in this city.
