The rent prices in real estate in College Station, 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 College Station has risen strongly during the last 6 months. In April, the average price per sq.feet was $0.95. In May this price barely changed remaining at $0.95 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 262 %. The price per sq.feet has had a considerable fall of 57 % 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 $1.72 to $0.98 during August, and September.
When referring to the price in College Station (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,109. In May This price remains at $1,103. In the following two months the average price has hardly changed with regard to the previous two months from $1,106 to $1,138. 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 $1,122 and $1,114.5 between August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,097 they are 30 % more affordable than the average price for College Station . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,186.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.84 / sq.feet, with an average $0.99 / sq.feet price in College Station. The properties with the most expensive average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 4 bedrooms with a price at $0.96 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,097 it is 7 % more affordable than the average price in College Station. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,137 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $0.88 / sq.feet followed by "Condo" priced at $0.89 / sq.feet. "House" is the most expensive type of property with a $1.13 / sq.feet value followed by "Condo" with an average price of $0.89 / sq.feet.