The rent prices in real estate in Corpus Christi, 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 Corpus Christi has risen strongly during the last 6 months. In December, the average price per sq.feet was $16.76. In the following month the price per sq.feet fell considerably to $7.24. The price for the following two months in (February, March) had a considerable rise of 492 %. The price per sq.feet has had a considerable fall of 46 % 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 $35.49 to $16.26 during April, and May.
When referring to the price in Corpus Christi (cities), there have hardly been any changes in the last 6 months. The rent price in December is $1,328, rising in January till $1,407. In the following two months the average price has hardly changed with regard to the previous two months from $1,367.5 to $1,347.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,357.5 to $1,173 in April and May.
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 $1,107 they are 13 % more affordable than the average price for Corpus Christi . The properties with the highest average price have 4 bedrooms, Their price is 133 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,590.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.16 / sq.feet, with an average $1.21 / sq.feet price in Corpus Christi. The properties with the most expensive average prices have 4 bedrooms. They are 1553 % more expensive than the average followed by properties with 1 bedroom with a price at $1.35 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,107 it is 11 % more affordable than the average price in Corpus Christi. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Commercial". At a price of $1,554 it is 47 % 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 $1.21 / sq.feet followed by "Commercial" priced at $28 / sq.feet. "Townhouse" is the most expensive type of property with a $108 / sq.feet value followed by "Condo" with an average price of $93 / sq.feet.