Property prices for rent in College Station (Texas)
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.
