The rent prices in real estate in Cedar Park, 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 Cedar Park has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.4. In November this price barely changed remaining at $1.41 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.4 to $1.37 per sq.feet. The price per sq.feet has had a considerable rise of 155 % 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 $1.39 to $2.15 during February, and March.
When referring to the price in Cedar Park (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,516. During November the price had a slight fall till $1,399. In the following two months the average price has hardly changed with regard to the previous two months from $1,457.5 to $1,491. 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 $1,474.25 and $1,436 between February and March.
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 $1,450 they are 14 % more affordable than the average price for Cedar Park . 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 $1,832.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.93 / sq.feet, with an average $1.61 / sq.feet price in Cedar Park. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,450 it is 8 % more affordable than the average price in Cedar Park. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,963 it is 46 % 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 "Apartment" priced at $1.45 / sq.feet. "Townhouse" is the most expensive type of property with a $137 / sq.feet value followed by "Condo" with an average price of $108.45 / sq.feet.