The rent prices in real estate in Canyon Lake, 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 Canyon Lake has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.18. In the following month the price per sq.feet rose considerably to $4.46. In the following two months the price per sq.feet has practically remained the same, going from $2.82 to $2.69 per sq.feet. The price per sq.feet has had a considerable fall of 60 % 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 $2.76 to $1.66 during June, and July.
When referring to the price in Canyon Lake (cities), this has risen in the last 6 months. The rent price in February is $1,168, rising in March till $1,319. In the following two months the average price has hardly changed with regard to the previous two months from $1,243.5 to $1,264. 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 $1,253.75 and $1,301.5 between June and July.
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 $1,239 they are 26 % more affordable than the average price for Canyon Lake . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,408.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.76 / sq.feet, with an average $1.31 / sq.feet price in Canyon Lake. The properties with the most expensive average prices have 4 bedrooms. They are 1810 % more expensive than the average followed by properties with 2 bedrooms with a price at $6.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,239 it is 33 % more affordable than the average price in Canyon Lake. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,323 it is 13 % 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 $1.08 / sq.feet followed by "Apartment" priced at $1.6 / sq.feet. "Apartment" is the most expensive type of property with a $1.6 / sq.feet value followed by "House" with an average price of $1.08 / sq.feet.