The rent prices in real estate in Vidor, 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 Vidor has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.81. In the following month the price per sq.feet rose to $0.88. In the following two months the price per sq.feet has risen 113 %, going from $0.85 to $0.95 per sq.feet. The price per sq.feet has had a considerable rise of 592 % 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 $0.9 to $5.33 during February, and March.
When referring to the price in Vidor (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $958. In November This price remains at $913. In the following two months the average price has hardly changed with regard to the previous two months from $935.5 to $942.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $939 to $833 in February and March.
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 $834 they are 30 % more affordable than the average price for Vidor . The properties with the lowest average price have 1 bedroom, Their price is 18 % more affordable than the average. After that we have properties with 2 bedrooms priced at $581.
According to average price per property type in Vidor, "" priced at $581 is 30 % lower than the average price ($834) in this city.