The rent prices in real estate in Wharton, 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 Wharton has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.08. In the following month the price per sq.feet rose considerably to $1.35. In the following two months the price per sq.feet has risen 114 %, going from $1.22 to $1.38 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.3 to $1.25 during February y March
When referring to the price in Wharton (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,342. During November the price had a slight fall till $1,261. During the following two months (December, January) the price has had an average rise from $1,301.5 to $1,399.5. 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 $1,350.5 and $1,325 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,223 they are 58 % more affordable than the average price for Wharton . The properties with the lowest average price have 2 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 1 bedroom priced at $716.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % more affordable than the average price of ($1 / sq.feet) in Wharton. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % more affordable than the average value aforementioned.
According to average price per property type in Wharton, "" priced at $509 is 58 % lower than the average price ($1,223) in this city.