The rent prices in real estate in Canyon Lake, in the Texas region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Canyon Lake has risen during the last 6 months. In November, the average price per sq.feet was $1.42. In December this price barely changed remaining at $1.46 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.44 to $1.49 per sq.feet. The price per sq.feet has risen 108 % 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 $1.46 to $1.58 during March, and April.
When referring to the price in Canyon Lake (cities), there have hardly been any changes in the last 6 months. The rent price in November is $2,145, rising in December till $2,277. In the following two months the average price has hardly changed with regard to the previous two months from $2,211 to $2,159. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $2,361 they are 34 % more affordable than the average price for Canyon Lake . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,554.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.31 / sq.feet, with an average $1.59 / sq.feet price in Canyon Lake. The properties with the most expensive average prices have 1 bedroom. They are 28 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.6 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,361 it is 43 % more affordable than the average price in Canyon Lake. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,992 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $1.57 / sq.feet. "Townhouse" is the most expensive type of property with a $2 / sq.feet value followed by "Land" with an average price of $1.61 / sq.feet.