The rent prices in real estate in Vidor, in the Texas region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Vidor has had a strong fall during the last 6 months. In May, the average price per sq.feet was $0.89. In the following month the price per sq.feet fell considerably to . The price for the following two months in (July, August) had a considerable rise of 180 %. The price per sq.feet has had a considerable rise of 132 % 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 $0.62 to $0.82 during September, and October.
When referring to the price in Vidor (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $773. During June the price went through a considerable rise reaching $1,065. In the following two months the average price has hardly changed with regard to the previous two months from $919 to $944. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $931.5 to $800 in September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $682 they are 16 % more affordable than the average price for Vidor . The properties with the highest average price have 3 bedrooms, Their price is 149 % more expensive than the average. After that we have properties with 2 bedrooms priced at $695.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $0.74 / sq.feet, with an average $0.78 / sq.feet price in Vidor. The properties with the most expensive average prices have 3 bedrooms. They are 28 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.8 / sq.feet.
According to average price per property type in Vidor, "" priced at $574 is 16 % lower than the average price ($682) in this city.