The rent prices in real estate in College Station, in the Texas region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in College Station has fallen during the last 6 months. In January, the average price per sq.feet was $0.98. In February this price barely changed remaining at $0.99 per sq.feet. The price for the following two months in (March, April) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 87 % 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 $0.92 to $0.8 during May, and June.
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 January, the average price is $1,214. In February This price remains at $1,190. During the following two months (March, April) the price has had an average rise from $1,202 to $1,296.5. 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 $1,249.25 and $1,268.5 between May and June.
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 $1,281 they are 43 % more affordable than the average price for College Station . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,429.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.7 / sq.feet, with an average $0.79 / sq.feet price in College Station. The properties with the most expensive average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.8 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,281 it is 23 % more affordable than the average price in College Station. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,496 it is 41 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $0.56 / sq.feet followed by "House" priced at $0.71 / sq.feet. "Duplex" is the most expensive type of property with a $2.43 / sq.feet value followed by "Apartment" with an average price of $0.98 / sq.feet.