The rent prices in real estate in Bastrop, 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 Bastrop has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.06. In December this price barely changed remaining at $1.1 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.08 to $1.16 per sq.feet. The price per sq.feet has had a considerable rise of 125 % 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 $1.12 to $1.4 during March, and April.
When referring to the price in Bastrop (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,457. In December This price remains at $1,466. In the following two months the average price has hardly changed with regard to the previous two months from $1,461.5 to $1,465. 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 $1,463.25 and $1,420 between March and April.
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 $1,363 they are 26 % more affordable than the average price for Bastrop . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,757.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.42 / sq.feet price in Bastrop. The properties with the most expensive average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.36 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,363 it is 21 % more affordable than the average price in Bastrop. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,407 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.06 / sq.feet followed by "Duplex" priced at $1.2 / sq.feet. "Apartment" is the most affordable type of property with a $1.34 / sq.feet value followed by "Duplex" with an average price of $1.2 / sq.feet.