Property prices for rent in Grand Prairie (Texas)

The rent prices in real estate in Grand Prairie, 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.

$1,289.33
Average price last 6 months
$4.61
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Grand Prairie has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.31. In November this price barely changed remaining at $1.37 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 224 %. The price per sq.feet has had a considerable rise of 437 % 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 $2.17 to $9.49 during February, and March.

Average price

When referring to the price in Grand Prairie (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,266. In November This price remains at $1,292. In the following two months the average price has hardly changed with regard to the previous two months from $1,279 to $1,337.5. 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 $1,308.25 and $1,251.5 between February and March.

Average price per bedrooms

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 $1,200 they are 13 % more affordable than the average price for Grand Prairie . The properties with the highest average price have 4 bedrooms, Their price is 83 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,858.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $7.32 / sq.feet price in Grand Prairie. The properties with the most affordable average prices have 1 bedroom. They are 18 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.93 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,200 it is 3 % more affordable than the average price in Grand Prairie. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $1,773 it is 66 % 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 $1.1 / sq.feet followed by "Apartment" priced at $1.99 / sq.feet. "Condo" is the most expensive type of property with a $89.36 / sq.feet value followed by "Townhouse" with an average price of $61.42 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Grand Prairie
Number of properties used in region Texas
$1,200
$7.32
5,224
1,135,944
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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